Telenor ASA Q1 2022 Earnings Call Transcript - Thomson StreetEvents

Telenor ASA Q1 2022 Earnings Call Transcript

Telenor ASA Q1 2022 Earnings Call Transcript - Thomson StreetEvents
Telenor ASA Q1 2022 Earnings Call Transcript
Published May 05, 2022
16 pages (11125 words) — Published May 05, 2022
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Abstract:

Edited Transcript of TEL.OL earnings conference call or presentation 5-May-22 7:00am GMT

  
Brief Excerpt:

...Good morning to everyone, and welcome to the first quarter presentation and a sunny day here in Norway. In the quarter, we continue to execute on our strategic agenda, focusing on value creation across the Nordics and in Asia. The mobile business performed well, and we see mobile service revenue growth in all the Nordic operations. However, the financial performance this quarter was impacted by copper decommissioning in Norway, higher energy prices, and project costs mainly related to the structural transactions we have ongoing in Asia. When it comes to revenues, this was held back by lower volumes in the Norwegian fixed line business and intensified competition in Thailand. But if we exclude for the copper legacy effects and also the businesses in scope for the 2 mergers in Asia, the underlying portfolio revenue growth was around 2%. There are several ongoing strategic alternate initiatives now in Telenor. We continue to build a stronger portfolio with our 2 large merger processes in Thailand...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Telenor ASA
Ticker
TEL.OL
Time
7:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Frank Maa° - DNB Markets, Research Division - Analyst : So my first -- my question is really about the time line for eliminating the last NOK 0.5 billion of legacy costs. Could you please give us some color on the progress that you expect and the time line for that, please? And if you also could give us some feeling, Sigve, when it comes to what -- how you see the risks relating to the approval processes of the mergers in Asia and how comfortable you are with those approval processes?

Question: Usman Ghazi - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : I just got 2 questions, please. The first question was just on the announcement today that you're looking to set up this passive fiber in Norway. I just wanted to understand the purpose of it. Is it to leverage third-party financing to be able to increase the build beyond which you could do on your own? Or is it the monetization or is the priority kind of on monetization of the infrastructure. That was the first question. And then the second question was just going back to Thailand and Malaysia. I just wanted to get an understanding of how quickly would you expect the synergies from the transactions to begin to be delivered? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 05, 2022 / 7:00AM, TEL.OL - Q1 2022 Telenor ASA Earnings Call

Table Of Contents

Telenor ASA Q1 2023 Earnings Call Transcript – 2023-05-04 – US$ 54.00 – Edited Transcript of TEL.OL earnings conference call or presentation 4-May-23 7:00am GMT

ngs Call Transcript – 2023-02-02 – US$ 54.00 – Edited Transcript of TEL.OL earnings conference call or presentation 2-Feb-23 8:00am GMT

Telenor ASA Q3 2022 Earnings Call Transcript – 2022-10-26 – US$ 54.00 – Edited Transcript of TEL.OL earnings conference call or presentation 26-Oct-22 7:00am GMT

Telenor ASA Capital Markets Day 2022 Transcript – 2022-09-20 – US$ 54.00 – Edited Transcript of TEL.OL corporate analyst meeting</ 20-Sep-22 7:00am GMT

Telenor ASA Q2 2022 Earnings Call Transcript – 2022-07-19 – US$ 54.00 – Edited Transcript of TEL.OL earnings conference call or presentation 19-Jul-22 7:00am GMT

Telenor ASA Q4 2021 Earnings Call Transcript – 2022-02-02 – US$ 54.00 – Edited Transcript of TEL.OL earnings conference call or presentation 2-Feb-22 8:00am GMT

Telenor ASA & "Charoen Pokphand Group Co Support DTAC and True In Exploring The Creation Of A New Telecom-Tech Company Call Transcript – 2021-11-22 – US$ 54.00 – Edited Transcript of TEL.OL M&A conference call or presentation 22-Nov-21 8:00am GMT

Telenor ASA Q3 2021 Earnings Call Transcript – 2021-10-28 – US$ 54.00 – Edited Transcript of TEL.OL earnings conference call or presentation 28-Oct-21 7:00am GMT

Telenor ASA Q2 2021 Earnings Call Transcript – 2021-07-20 – US$ 54.00 – Edited Transcript of TEL.OL earnings conference call or presentation 20-Jul-21 7:00am GMT

Telenor ASA Annual Shareholders Meeting Transcript – 2021-05-27 – US$ 54.00 – Edited Transcript of TEL.OL shareholder or annual meeting 27-May-21 1:00pm GMT

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MLA:
Thomson StreetEvents. "Telenor ASA Q1 2022 Earnings Call Transcript" May 05, 2022. Alacra Store. May 02, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Telenor-ASA-Earnings-Call-T15050068>
  
APA:
Thomson StreetEvents. (2022). Telenor ASA Q1 2022 Earnings Call Transcript May 05, 2022. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Telenor-ASA-Earnings-Call-T15050068>
  
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