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General

Telenor Norway sheds 28,000 mobile subscribers in Q1, revenue drops 4% but EBITDA steady

Tuesday 4 May 2021 | 09:55 CET | News
Telenor Norway reported the loss of 28,000 mobile subscribers in the first quarter of 2021 and a decline in average ARPU from Q4 2020. Total revenues fell by 4 percent to NOK 6.28 billion from NOK 6.51 billion a year earlier, mainly because of the transfer of ownership of the passive mobile infrastructure to Telenor Infra at the beginning of 2021, as well as lower hardware sales. EBITDA held steady as the effect of workforce cuts in 2020 was partly offset by higher depreciations caused by ongoing network modernisation.

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Categories: General
Companies: Telenor Norway
Countries: Norway
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