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

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Telenor Broadcast Q4 2009 10.2.2010

Input from Finance

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Revenues ( NOKm ) and EBI TDA% EBI TDA and capex ( NOKm )

Q4 2 0 0 9 Telenor Broadcast

2022 2160 2102 2084 2167 2 212 24 % 18 % 21 % 24 % 23 % 24 % Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09

489 389 435 497 515 497 322 322 245 228 317 1151 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 EBI TDA CAPEX

Organic growth assuming fixed currency, adjusted for acquisitions and disposals. EBITDA and EBITDA margin before other items

+ 5% + 28% Organic revenue / EBITDA growth YoY

• + 16k cable Internet net adds in

Norway reaching 13% market share.

• 11% revenue growth and improved

margin in Canal Digital Norway

• Successful launch of satellite THOR 6.
• Broadcast 5% revenue growth
• Analogue shut down finalized in

Norway and Denmark

• Hotspot 1degree west in CEE.
• Norkring België ownership 75% from Dec

1st

950

Thor 6

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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

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Canal Digital

Competitive market but continued growth in cable and DTH ARPU

851,000 (896,000) 120,000 (138,000)

Households Monthly ARPU DTH 1,060,000 (1,113,000) NOK 319 (NOK 304) Cable-TV 729,000 (746,000) NOK 243 (NOK 206) SMATV 1,085,000 (1,122,000) NOK 45 (NOK 46) DTT 22,000 (35,000) NOK 227 (NOK 227) BBTV/ I PTV 10,000 (5,000) NOK 238 (NOK 211)

1,105,000 (1,136,000) 830,000 (850,000) * in brackets: Q4 08

Canal Digital Nordic

Growth in add on products and almost 1/ 3 of DTH base with HDTV decoder and multiroom solution 27% 20% Q4 08 Q4 09 Q4 09 Q4 08 15% 28%

DTH - Multiroom penetration Share of subscribers with more than one pay-TV subscription DTH - HDTV decoder penetration Share of subscribers with HD decoder

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Canal Digital Nordic

Almost 50% of cable subscriber base in Norway subscribes to broadband from Canal Digital

• + 16,000 new subscribers in

Norge in Q4 (digital224,000)

• + 60,000 new broadband

subscribers from Q4-2008 in Norway.

• Stable positions for Denmark

and Sweden

5 0 1 0 0 1 5 0 2 0 0 2 5 0 3 0 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

CATV internet subscribers