Telenor Bulgaria grows revenues and ARPU throughout 2017

Today, Telenor Group reported last quarter and full year financial results for 2017.

Financial results of Telenor Bulgaria:
	4th quarter		Full Year
(In BGN mln.)	2017	2016	2017	2016
Subscription and traffic revenues	120	125	479	484
Interconnect revenues	14	15	55	57
Other mobile revenues	2	2	11	9
Non-mobile revenues	41	38	130	118
Total revenues	178	179	675	667
EBITDA before other items	56	62	247	251
Operating profit	28	33	125	130
EBITDA before other items / Total revenues (%)	31.5%	34.7%	36.6%	37.6%
Capex	22	33	47	67
No. of subscriptions - Change in quarter / Total (in thousands):	- 80	- 111	3,153	3,429
ARPU – monthly (BGN)	14.0	13.3	13.6	12.8
Exchange rate (BGN) =			4.7689	4.7494

To find out more about the Telenor Group results, please visit: www.telenor.com

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