Nordic operations, 362 KB, PDF - Telenor
Nordic operations, 362 KB, PDF - Telenor
Nordic operations, 362 KB, PDF - Telenor
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Sweden<br />
A challenging number 3 position<br />
11<br />
12<br />
Market share mobile revenues<br />
<strong>Telenor</strong> TeliaSonera Tele2 3<br />
Market share fixed broadband revenues<br />
<strong>Telenor</strong> TeliaSonera Tele2<br />
ComHem Others<br />
• Lagging fixed to mobile substitution<br />
• Unfavourable DSL wholesale conditions<br />
• Price aggressive offerings on IPTV and<br />
mobile broadband<br />
• Clear value propositions taken<br />
by competitors<br />
Sweden<br />
Requiring a step-up in operational performance<br />
Revenues (NOK bn) & OCF margin (%)<br />
2.4<br />
11%<br />
2.4<br />
8%<br />
2.4<br />
15%<br />
2.4<br />
6%<br />
2.2<br />
7%<br />
2.3<br />
8%<br />
Q108 Q208 Q308 Q408 Q109 Q209<br />
EBITDA (NOK bn) & EBITDA margin (%)<br />
0.5<br />
22%<br />
0.4<br />
19%<br />
0.6<br />
24%<br />
0.5<br />
21%<br />
0.4<br />
18%<br />
0.4<br />
18%<br />
Q108 Q208 Q308 Q408 Q109 Q209<br />
Operating cash flow defined as EBITDA before<br />
other items – capex excl. spectrum and licences.<br />
• Roaming revenues hit by recession<br />
• Cost base not aligned with revenue<br />
development<br />
• Low margins versus peers<br />
6
Change language