Nos Sgps SA (FRA:PMV)
€ 3.355 -0.025 (-0.74%) Market Cap: 1.73 Bil Enterprise Value: 3.30 Bil PE Ratio: 6.80 PB Ratio: 1.73 GF Score: 83/100
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Q1 2023 NOS SGPS SA Earnings Call Transcript

Apr 27, 2023 / 11:00AM GMT
Release Date Price: €3.88 (+0.21%)
Maria Joao Hewitt Carrapato Moura Landau
NOS, S.G.P.S., S.A. - IR Director

Hi. Good afternoon. Welcome to our First Quarter '23 Results Conference Call. We have the executive team all together. Jose Pedro Faria da Costa, CFO, will give a brief summary of the results and the presentation that's available on our website. And then we're all available for your questions.

Jose Pedro Faria Pereira da Costa
NOS, S.G.P.S., S.A. - CFO, VP & Executive Director

Okay. So good morning, everyone. As usual, we'll start with the highlights of the quarter. I'm starting with the operational highlights. We would like to stress that we started 2023 in a very good shape with solid commercial activity. Very much in line with the first quarter of last year with around 90,000 RGU net adds.

Like in previous quarters, main area of growth has been mobile with close to 80,000 net adds; postpaid mobile, representing almost 90% of these net adds. Convergent continues to lead consumer preferences. We have added this quarter 15,000 convergent net adds. And this very positive

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