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Input from Finance Telenor Broadcast Q4 2009 10.2.2010 1 Q4 2 0 - PowerPoint PPT Presentation

Input from Finance Telenor Broadcast Q4 2009 10.2.2010 1 Q4 2 0 0 9 Telenor Broadcast Revenues ( NOKm ) and EBI TDA% 2 212 2167 2160 2102 2084 2022 + 16k cable Internet net adds in Norway reaching 13% market share. + 5%


  1. Input from Finance Telenor Broadcast Q4 2009 10.2.2010 1

  2. Q4 2 0 0 9 Telenor Broadcast Revenues ( NOKm ) and EBI TDA% 2 212 2167 2160 2102 2084 2022 • + 16k cable Internet net adds in Norway reaching 13% market share. + 5% • 11% revenue growth and improved margin in Canal Digital Norway 24 % 23 % 24 % 24 % 21 % 18 % • Successful launch of satellite THOR 6. Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 • Broadcast 5% revenue growth • Analogue shut down finalized in EBI TDA and capex ( NOKm ) EBI TDA Norway and Denmark CAPEX 1151 • Hotspot 1degree west i n CEE. • Norkring België ownership 75% from Dec 515 489 497 497 + 28% 435 950 389 1st 322 322 317 245 228 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Organic revenue / EBITDA growth YoY Organic growth assuming fixed currency, adjusted for Thor 6 acquisitions and disposals. EBITDA and EBITDA margin before other items 2

  3. Canal Digital 2009 summary Good performance in a competitive market • Almost 5 0 % of our cable subscribers in Norway now subscribes to our broadband services • 1 8 % growth in Nordic Cable ARPU in driven by cable in Norway • Nordic DTH churn reduced by 5 % in 2009 compared to 2008, but new sales in Denmark through analogue shut off disappointing. • Continued strong uptake on HD and almost 1 / 3 of our Nordic DTH subscriber base with HDTV decoders per year end 09. • 5 % growth in Nordic DTH ARPU in 2009 3

  4. Canal Digital Competitive market but continued growth in cable and DTH ARPU Monthly Households ARPU DTH 1,060,000 NOK 319 (NOK 304) (1,113,000) 830,000 120,000 Cable-TV 729,000 NOK 243 (850,000) (138,000) 1,105,000 (746,000) (NOK 206) (1,136,000) SMATV 1,085,000 NOK 45 (1,122,000) (NOK 46) DTT 22,000 NOK 227 (35,000) (NOK 227) BBTV/ I PTV 10,000 NOK 238 (5,000) (NOK 211) 851,000 (896,000) * in brackets: Q4 08 4

  5. Canal Digital Nordic Growth in add on products and almost 1/ 3 of DTH base with HDTV decoder and multiroom solution 27% 28% 20% 15% Q4 08 Q4 09 Q4 08 Q4 09 DTH - Multiroom penetration DTH - HDTV decoder penetration Share of subscribers with Share of subscribers with HD decoder more than one pay-TV subscription

  6. Canal Digital Nordic Almost 50% of cable subscriber base in Norway subscribes to broadband from Canal Digital 3 0 0 • + 16,000 new subscribers in CATV internet subscribers Norge in Q4 (digital224,000) 2 5 0 2 0 0 • + 60,000 new broadband subscribers from Q4-2008 in 1 5 0 Norway. • Stable positions for Denmark 1 0 0 and Sweden 5 0 Q1 -0 6 Q2 -0 6 Q3 -0 6 Q4 -0 6 Q1 -0 7 Q2 -0 7 Q3 -0 7 Q4 -0 7 Q1 -0 8 Q2 -0 8 Q3 -0 8 Q4 -0 8 Q1 -0 9 Q2 -0 9 Q3 -0 9 Q4 -0 9 6

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