The Board of
Fourth quarter of 2021:
- Total revenue amounted to
- Adjusted EBITDA, excluding non-recurring items, amounted to
- EBITDA amounted to
- Profit for the period was
Twelve months of 2021:
- Total revenue amounted to
- Adjusted EBITDA, excluding non-recurring items, was
- EBITDA was
- Profit for the period was
- Free cash flow amounted to
Management comment:
Our investments and financial results for the year 2021 are a literal reflection of an importance and relevance of our services on Lithuanian market. The last quarter of 2021 was marked with the surge in capital investments. In total
Accelerating upgrade of mobile network will ensure smooth transition into 5G era. By the end of 2021, more than 450 base stations supporting 2G, 3G, 4G and 5G connection were upgraded with Ericsson equipment. During the last quarter of the year two important connectivity milestone were reached: from October every second call in the Company’s mobile network is made using Voice over LTE (VoLTE) technology while mobile data download speed in
The Company’s leadership in quality of connectivity allowed to attract new customer. During the fourth quarter of 2021 net intake of mobile communication customers alone was 69 thousand. The growth was recorded in other segments, too, and over the last twelve months:
- number of mobile service subscriptions grew by 8.6 per cent up to 1,518 thousand,
- number of fiber-optic Internet connections went up by 2.7 per cent up to 305 thousand,
- number of TV service users increased by 0.8 per cent up to 255 thousand.
Double digit growth in revenue from mobile communication, broadband Internet and IT services continued to push total revenue up. Over the year, comparing January-December of 2021 with the same period a year ago:
- revenue from IT services grew by 24.3 per cent,
- revenue from broadband Internet services went up by 11.2 per cent,
- revenue from billed mobile services increased by 10.4 per cent,
- revenue from TV services was up by 8.5 per cent.
At the end of 2021 more than 4 times rocketed tariffs for electricity and higher marketing spending had a negative impact on quarterly EBITDA. Nevertheless, EBITDA for the twelve months of 2021 was the highest in the Company’s history as well as the amount of capital investments. During 2021, in total
The two-years project for renovation of 30 largest customer care shops was finished by the end of 2021. In total,
ENCL.:
-
- Presentation of
Darius Džiaugys,
Head of Investor Relations,
tel. +370 5 236 7878,
e-mail: darius.dziaugys@telia.lt
Attachments
- Telia_Lietuva_2021_12 months_Financial_Statements
- Telia_Lietuva_2021_12_months_results_presentation
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