Further slippage at Telenor Satellite
February 2, 2017
By Chris Forrester
Telenor’s two satellite-based divisions, Canal Digital DTH and Telenor Satellite Broadcasting (TSB) were both under revenue pressures last year.
Canal Digital DTH suffered during Q4 (at NOK 1.098 million, compared with NOK 1.172 in 2015), while its Norkring transmission business saw Q4 revenues of NOK 280 million (NOK 286 million in 2015).
Telenor Satellite Broadcasting’s Q4 revenues were also down at NOK 234 million (NOK 256 million in 2015).
Operating profits were also under pressure. The total for the broadcasting division for Q4 amounted to NOK 241 million (NOK 336m in 2015).
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