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Telenor says Digi Malaysia's Q4 revenues fell, earnings rose

Reuters

OSLO, Jan 23 (Reuters) - Norway's Telenor reported

the following fourth-quarter earnings and 2017 outlook for its

Malaysian unit Digi on Monday (in millions of Norwegian crowns):

4.kv 2016 4.kv 2015

Revenues 3,233 3,430

EBITDA ex items 1,440 1,385

EBITDA 1,440 1,385

Operating profit 1,092 1,048

Capex 469 578

During the quarter, the total number of subscriptions

increased by 50,000 to 12.299 million.

2017 outlook:

** Service revenues: Around 2016 level

** EBITDA margin: Around 2016 level

** Capex: 11-13 pct of service revenues

(Reporting by Terje Solsvik)