Telia Company AB (publ) (OTCPK:TLSNF) Q2 2024 Earnings Conference Call July 18, 2024 4:00 AM ET
Company Participants
Erik Strandin Pers - Head-IR
Patrik Hofbauer - CEO
Eric Hageman - CFO
Conference Call Participants
Oscar Ronnkvist - ABG
Andreas Joelsson - Carnegie
Stefan Gauffin - DNB
Erik Lindholm - SEB
Andrew Lee - Goldman Sachs
Nick Lyall - Bernstein
Siyi He - Citi
Steve Malcolm - Redburn Atlantic
Keval Khiroya - Deutsche Bank
Adam Fox-Rumley - HSBC
Fredrik Lithell - Handelsbanken
Usman Ghazi - Berenberg
Operator
Welcome, everyone, to Telia Company's Q2 2024 Results Presentation. And with that, I will now hand over to Telia Company's Head of Investor Relations, Erik Strandin Pers. Please go ahead. The floor is yours.
Erik Strandin Pers
Thank you, Laura, and welcome, everyone to the call. We will do this in the usual manner, starting with a management presentation by our CEO, Patrik Hofbauer, and our CFO, Eric Hageman. So I leave the floor to you, Patrik.
Patrik Hofbauer
Thank you, Erik and good morning, and welcome, everyone. Let me start with a few overall reflections. The second quarter shows that we continue to trend well and in-line with our expectations on service revenue and EBITDA which is encouraging and shows that we have momentum to build from as we craft our value creation plan for 2025 to 2027.
Like in previous quarters, we did better for consumer -- customers. We have strengthened our TV offerings with new content, including being the first among telecom operators with Amazon Prime. We have launched new mobile offerings in Norway and reduced customer service calls and volumes in Sweden further. As a result, we see positive subscriber development, low mobile churn, increasing ARPU and higher [technical difficulty] Euro 2024 tournament and by the way, congratulations to Spain. And also saw a strong development in digital revenue, which outpaced a continued drop in
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