Telecom Services

Telia reveals Capex related investment in networks in first quarter

April 24, 2020

Telia Company has revealed the company’s Capex related investment in networks during the first quarter of 2020.
Capex, excluding right-of-use assets, decreased to SEK 2,943 million from SEK 3,120 billion. Capex in continuing operations excluding fees for license, spectrum and right-of-use assets, fell to SEK 2,943 million from SEK 3,120 million.

Telia Sweden’s Capex excluding right-of-use assets, decreased 36.9 percent to SEK 623 million (987) and Capex, excluding fees for licenses, spectrum and right-of-use assets, decreased 36.9 percent to SEK 623 million (987).

Telia Finland’s Capex excluding right-of-use assets, increased 8.3 percent to SEK 272 million (251) and Capex, excluding fees for licenses, spectrum and right-of-use assets, increased 8.3 percent to SEK 272 million (251).

Telia Norway’s Capex excluding right-of-use assets, increased 2.6 percent to SEK 458 million (447) and Capex, excluding fees for licenses, spectrum and right-of-use assets, increased 2.6 percent to SEK 458 million (447).

Telia Denmark’s Capex excluding right-of-use assets, increased 38.0 percent to SEK 93 million (67) and CAPEX, excluding fees for licenses, spectrum and right-of-use assets, increased 38.0 percent to SEK 93 million (67).

Telia Lithuania’s Capex excluding right-of-use assets, decreased 37.6 percent to SEK 80 million (129) and Capex, excluding fees for licenses, spectrum and right-of-use assets, decreased 37.6 percent to SEK 80 million (129).

Telia Estonia’s Capex excluding right-of-use assets, increased 27.0 percent to SEK 82 million (65) and CAPEX, excluding fees for licenses, spectrum and right-of-use assets, increased 27.0 percent to SEK 82 million (65).

Telia’s sales rose 7.6 percent to SEK 22,427 million driven by the consolidation of TV and Media. Service revenues increased 10.5 percent to SEK 19,716 million.

Telia said the number of subscriptions fell from 24.2 million at the end of the fourth quarter of 2019 to 24.1 million. EBITDA fell 1.8 percent to SEK 7,277 million and the adjusted EBITDA margin fell to 32.4 percent from 35.6.