Telia Lietuva Q2 revenue rises on service and equipment growth
Telia Lietuva Q2 revenue rises on service and equipment growth
Overview
Lithuania telecom operator's Q2 revenue rose 6.9% yr/yr to EUR 130.3 mln
Adjusted EBITDA for Q2 up 12.1% yr/yr to EUR 54.7 mln
Net profit for Q2 increased 20.6% yr/yr to EUR 26.7 mln
Outlook
Company plans to invest EUR 7.1 mln in mobile network expansion during 2026
Telia Lietuva to install 30 new base stations in 2027 under RAIN broadband programme
Company says mobile data traffic in Lithuania is growing by about 25% annually
Result Drivers
SERVICE AND EQUIPMENT SALES - Co said interim service revenue grew 6.7% and equipment sales revenue rose 7.2%, contributing to overall revenue growth
NETWORK INVESTMENT - Co highlighted increased capital investment, including acquisition of new frequency bands and network expansion, to support rising data traffic and improve service quality
MOBILE DATA TRAFFIC GROWTH - Co said mobile data traffic in Lithuania is growing by around 25% annually, driving need for continued investment in capacity and quality
Company press release: ID:nGNE2TQT3B
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| EUR 130.30 mln |
|
Q2 Net Income |
| EUR 26.70 mln |
|
Q2 Adjusted EBITDA |
| EUR 54.70 mln |
|
Q2 EBITDA |
| EUR 54.30 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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