Telia Company announced revenue of SEK 21.272 billion (–4.2 percent) with EBITDA of SEK 7.520 billion (+8.1 percent) with EBITDA margin of 35.4 percent during the second quarter of 2019.
Telia Company reported operating income of SEK 2.895 billion (–21.2 percent) and net income of SEK 1.651 billion (–26.4 percent) in Q2 2019.
Capex of Telia excluding fees for licenses and spectrum rose 8 percent SEK 3.769 billion.
The number of subscriptions increased from 23.0 million at the end of the second quarter of 2018 to 23.7 million due to the acquisition of Get/TDC.
Telia Sweden’s sales fell 5.4 percent to SEK 8.859 billion mainly driven by lower sales of equipment and pressure on service revenues.
Capex of Telia Sweden declined 12.6 percent to SEK 1,006 million. Mobile subscriptions grew by 65,000 in the quarter, driven by the net addition of 45,000 postpaid subscriptions used for machine-to-machine services and 23,000 prepaid subscriptions. TV subscriptions fell by 9,000 and fixed broadband subscriptions fell by 12,000.
Telia Finland’s sales fell 1.9 percent to SEK 3.938 billion mainly due to lower sales of equipment.
Capex of Telia Finland grew 1.6 percent to SEK 498 million. Mobile subscriptions fell by 7,000. TV and fixed broadband subscriptions grew by 6,000 and 3,000, respectively.
Telia Norway’s sales fell 3.5 percent to SEK 3,720 million driven by lower equipment sales.
Capex of Telia Norway grew 133.2 percent to SEK 664 million. Mobile subscriptions increased by 11,000 following the net addition of 14,000 postpaid subscriptions. TV subscriptions fell by 10,000 due to the loss of one TV partner whereas fixed broadband subscriptions grew by 23,000 thanks to the addition of one new partner.
Telia Denmark’s sales fell 12.1 percent to SEK 1,373 million mainly driven by lower equipment sales.
Capex of Telia Denmark fell 4.4 percent to SEK 80 million. Mobile subscriptions fell by 5,000 despite the net addition of 4,000 subscriptions used for machineto-machine services. TV subscriptions fell by 1,000 and fixed broadband subscriptions fell by 10,000.
Telia Lithuania’s sales fell 2.7 percent to SEK 954 million.
Capex of Telia Lithuania fell 14.8 percent to SEK 162 million.
Mobile subscriptions increased by 27,000 and TV as well as fixed broadband subscriptions both increased by 3,000.
Telia Estonia’s sales grew 5.1 percent to SEK 799 million.
Capex of Telia Estonia grew 22.1 percent to SEK 154 million.
Mobile subscriptions increased by 28,000 mainly driven by net addition of 20,000 postpaid subscriptions including 14,000 machine-to-machine connections. TV subscriptions increased by 3,000 and fixed broadband subscriptions remained unchanged.