Q3 2020 Telia Company AB Earnings Call Transcript
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Good morning, everyone, and a very welcome to the presentation of Telia Company's third quarter results for 2020. With me, I have our CEO and President, Allison Kirkby; and our CFO, Per Christian Mørland. And we will do, as usual, Allison starts, then PC takes over, and then we have a Q&A session in the end. So please, Allison.
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Good morning, everyone, and welcome to our latest results on this slightly hazy day in Stockholm. As you will have seen this morning, our third quarter was again better than we expected. COVID-19 impacts were somewhat lower. Advertising income improved sequentially. Admittedly, there have been some sports-related cost that will be phased into the fourth quarter due to delays in scheduling. But we do continue to mitigate some of the COVID impact through proactive OpEx reduction. All in all, it was another good quarter.
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