Telenor’s operations
Mobile Operations
Revenue growth was high in 2006, driven primarily by growth in subscriptions and usage in emerging markets. Grameenphone in Bangladesh and Kyivstar in Ukraine saw a revenue growth of 45% and 51%, respectively. In mature markets, Telenor Mobile in Norway generated a growth of 7% in 2006, against 4% in 2005, while Sonofon in Denmark posted a growth of 8% in 2006. All mobile operations increased their operating profit in 2006, with the exception of a slight decrease for the Swedish operation.
Fixed
Total revenues grew by 3% in 2006, due largely to the acquisition of operations in Sweden and Denmark in July 2005. The Norwegian operation generated decreasing revenues as a result of reduced revenues from telephony. The Swedish and Danish operations generated good growth in 2006, driven by growth in broadband customers. Operating profit increased by NOK 0.9 billion in 2006, due mainly to writedowns undertaken in 2005.
Broadcast
Total revenues grew by 12% in 2006, as a result of subscriber growth. Operating profit was NOK 966 million, against NOK 1,015 million in 2005. The decrease was due to increased costs relating to new content rights, and to costs relating to the introduction of HDTV.
Other Units
Total revenues grew by NOK 668 million to NOK 8,274 million in 2006, due primarily to acquisitions at EDB Business Partner.
