Telia ended 2020 with a total of 3,235,000 TV subscriptions across its operations in Nordics and Baltic Republics.
This, according to the company in its latest set of results, was up from the 3,071,000 figure posted a year earlier.
In the Nordics, Sweden was the star performer, growing its total from 861,000 to 929,000, while in the Baltics Lithuania’s TV subscriber total rose from 244,000 to 253,000 but fell from 212,000 to 208,000 in Estonia. TV ARPU nevertheless fell in Sweden from SEK179 to SEK169 and also in Finland, Norway and Denmark, but increased in Lithuania from €10.7 to €11.6 and in Estonia from €9.5 to €10.7.
Telia Group had net sales of SEK89,191 million in 2020, down 3.4% on the figure a year earlier. Adjusted EBITDA was SEK30,702 million (-3%) while net income fell to SEK22,756 million.
In her comments on the results, Allison Kirby, president and CEO of Telia, said: “The Baltics continue to deliver good results, albeit with mixed development in the various segments: the consumer side in both Estonia and Lithuania showed accelerating growth driven by convergence, while the enterprise segment was hurt by the declining roaming revenues due to Covid-19. Denmark struggled with a challenging service revenue development”.
She added: “Within TV & Media we are continuing to strengthen our market position in a tough Covid 19-impacted environment. The TV4 Group has never had a higher share of viewing in Sweden, and in Finland MTV is also increasing its share of viewing. Viewing on digital platforms is growing fast. Streaming time on TV4 Play increased by 32 percent, and customer intake on C More was a record high”.
