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Denmark’s Telia posts hike of 6.6% to SEK 1.422b in Q1- 2015

Denmark’s Telia posts hike of 6.6% to SEK 1.422b in Q1- 2015

COPENHAGEN: Telia Denmark reported net sales in the first quarter of 2015 of SEK 1.422 billion, up 6.6 percent from SEK 1.334 billion a year earlier.

EBITDA excluding non-recurring items declined by 6.5 percent to SEK 154 million from SEK 165 million and the margin shrank to 10.8 percent from 12.4 percent, burdened by lower service revenues, a larger share of low-margin equipment revenues and increased operating expenditure.

Mobile services revenue rose to SEK 802 million from SEK 793 million a year earlier. The number of mobile subscriptions was 1.606 million, up 25,000 in the quarter. Blended mobile ARPU fell to DKK 128 from DKK 134. Fixed service revenues rose to SEK 247 million from SEK 214 million, on the back of a larger broadband subscription base and an improvement in TV ARPU to DKK 392 from DKK 389 in the previous quarter.