Described by Telenor as a ‘next generation experience’, One Place has been designed to integrate both linear and catch up TV. It’s also reducing hardware costs, which takes on a greater importance amid continuing subscriber erosion, 15,000 DTH subscribers lost in the first quarter of 2018, compared to 7,000 in the first quarter of 2017.
Revenues grew to NOK 1,134m from NOK 1,099m.
The installed base currently stands at 838,000.
Telenor is currently going through a ‘digital transformation’ as it looks to improve its efficiency. The performance in its Scandinavian home market was described robust, while Asia is improving after a slow start to the year.
While Central & East Europe remains an important part of its TV distribution business from the Thor satellite, the company has disposed of its mobile business in the region, to concentrate on Scandinavia and Asia.