May 04, 2023 / 07:00AM GMT
Sigve Brekke - Telenor ASA - President & Group CEO
Good morning, everyone, and welcome to this Q1 presentation. Half a year has passed since we presented a new strategic direction for Telenor at our Capital Markets Day and I'm pleased to see that we have been able to demonstrate a solid strategic execution and a good financial development over the last quarters. We are confirming the ambition of top line growth in the Nordics with another quarter showing underlying growth of 5% in mobile service revenues. We have completed the 2 largest telecom mergers in Southeast Asia allowing for stronger market positions and enabling significant synergies. We have realized values in infrastructure by selling parts of our passive fiber infrastructure in Norway and we also see good organic performance and solid growth in our Infrastructure business unit. We see continued solid performance in Telenor Amp, our adjacent businesses, and this support the values we have indicated for this portfolio.
And finally, we are moving forward with our modernization programs. Having closed the copper network late last year,
Q1 2023 Telenor ASA Earnings Call Transcript
May 04, 2023
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