Telenor Bulgaria keeps Revenues, ARPU & EBITDA growth trend in Q1’2018

Telenor Group reported first-quarter of 2018 financial results.

Financial results of Telenor Bulgaria:
	1st quarter		2017	1st quarter IFRS 15*
(In BGN mln.)	2018	2017		2018
Subscription and traffic	119	118	479	114
Interconnect revenues	15	12	55	15
Other mobile revenues	2	2	11	2
Non-mobile revenues	32	27	130	39
Total revenues	168	159	675	170
EBITDA before other items	62	61	247	63
Operating profit	31	27	125	31
EBITDA before other items/ Total revenues (%)	36.9%	38%	36.6%	36.9%
Capex	8	5	47	8
No. of subscriptions - Change in quarter/ Total (in thousands):	-41	-111	3,153	-41
ARPU – monthly (BGN)	14.2	12.9	13.6	13.7
Exchange rate (BGN/NOK)	NOK 4.9254	NOK 4.5962	NOK 4.7689	NOK 4.9254

* Figures as per new international financial reporting standard applicable as of 1 January 2018.

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

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