The Board of
Second quarter of 2021:
- Total revenue amounted to
- EBITDA was
- Adjusted EBITDA (excluding non-recurring items) amounted to
- Profit for the quarter was
First half of 2021:
- Total revenue amounted to
- EBITDA reached
- Adjusted EBITDA (excluding non-recurring items) amounted to
- Profit for the period was
- Free cash flow amounted to
Management comment:
The importance of high-quality connectivity remained high during the first half of 2021 as COVID-19 related lockdowns continued. The second quarantine is officially over as of
In order to enhance focus as well as achieve increased clarity on goals and expectations the customer channels organization was restructured into the Dare – Care model. Implying a Dare organization with focus on driving sales results and a Care organization focused on improving efficiency and providing superior customer care.
We have launched, for the first time a TV campaign dedicated to new and tailored offerings for SOHO and SME customers. This in combination with an increased sales focus targeting newly established businesses resulted in new customers intake in the SOHO/SME segment. During the pandemic demand for Cloud solutions surged by 40 per cent and more business customers choose equipment rent and work place management services.
Our converged offer, Telia1, is enjoyed in 82 thousand of households. Over the last twelve months:
- number of mobile service subscriptions increase by 4 per cent up to 1,409,
- number of FTTH Internet customers was up by 2.7 per cent up to 300 thousand,
- number of IPTV users grew by 2 per cent up to 254 thousand.
Increased customer base, demand for IT solutions and higher usage of mobile data were pushing revenue up. Over the year, comparing the six months’ period of 2021 with the same period in 2020:
- revenue from IT services surged by 21.4 per cent,
- revenue from equipment sale grew by 14.5 per cent,
- revenue from TV revenue services increased by 12 per cent,
- revenue from broadband Internet services went up by 10.6 per cent,
- revenue from billed mobile services was up by 8.9 per cent.
To ensure network leadership in terms of speed and quality, we persistently invest into upgrade of mobile network. Total capital investments during the first half of 2021 were by almost one third higher than a year ago and exceeded
In May, the Company paid-out a record high
ENCL.:
-
- Presentation of
Darius Džiaugys,
Head of Investor Relations,
tel. +370 5 236 7878,
e-mail: darius.dziaugys@telia.lt
Attachments
- Telia_Lietuva_2021_6_months_results_presentation
- Telia_Lietuva_2021_6_months_Financial_Statements_and_Interim_Report
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