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Telenor Broadcast Q1 revenue falls 3%, EBITDA drops 9%

Thursday 4 May 2017 | 11:01 CET | News
Telenor Broadcast suffered a 16 percent drop in first quarter revenue to NOK 1.49 billion from NOK 1.77 billion a year earlier, mostly because last year's quarter included a one-off positive effect of NOK 0.2 billion related to a settlement at Norkring. Excluding this effect, revenues declined by 3 percent, it said. The number of DTH subscribers dropped to 855,000 from 862,000 in the fourth quarter of 2016.

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Categories: Broadcast & Satellite
Companies: Canal Digital / Canal Digital Kabel TV / Canal Digital Norway / Canal Digital Sweden / Norkring / Telenor
Countries: Norway / Sweden
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