Denmark’s Telia revenues hit 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.

The External service revenues improved by 4.5 percent to SEK 1.056 billion from SEK 1.011 billion and in local currency, service revenues de3creased by 1.8 percent excluding acquisitions and disposals, because of reduced intercomection rates and lower mobile billed revenues.

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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.