In 2021, the company expects net operating profit of EUR 30.8m, representing a 12% increase compared to 2020 plan.
Telekom Slovenije published yesterday their Strategic business plan for the 2021–2025 period, together with the business plan for 2021 which can be found below.
Key objectives of the Telekom Slovenije Group for 2021
- Operating revenues – EUR 653.0m (-3.4% YoY compared to 2020 plan)
- EBITDA – EUR 210.6m (flat YoY compared to 2020 plan)
- Net operating profit – EUR 30.8m (+12% YoY compared to 2020 plan)
- Investments – EUR 203.7m (-2.9% YoY compared to 2020 plan)
Telekom Slovenije Group’s strategic goals
Leader in user experience
According to Telekom Slovenije, excellent user experience allows them to achieve short-term business objectives and strengthen our long term strategic position – to remain the users’ first choice. The key factors in this are digital excellence, providing security, contactless operations and dynamically adapting to the needs and habits of users of communication services.
Digitalization of operations
Accelerated digitalization through process optimization and automation improves efficiency of operations, and will continue to be an integral part of business activities for ensuring the competitiveness of Telekom Slovenije Group.
Growth of ICT services Growth
Growth of ICT services and solutions is based on their existing state-of-the-art LTE/4G network and the opportunities ushered in by 5G, the fifth generation of mobile networks. 5G will also support the development of smart industry and smart cities, as well as the introduction of virtual dedicated networks, which will support continued digitalization of various business verticals.
Retaining revenue levels from core activity in Slovenia
The core telecommunications activities market is stagnating in Slovenia, and Telekom Slovenije is under additional pressure from regulatory bodies. They plan to retain our revenue through accelerated digitalization and the development of digital services, continued network development and the development of services based on 5G technologies, successful cooperation with regulators, and especially by providing the best user experience.
Consolidation in individual markets
On the one hand, the European telecommunications market is seeing intense consolidation of the industry and mergers of operators, with a change in the portfolio of services, while new competition is entering the ICT services market, which will additionally affect the operators’ business models. The consolidation activities of Telekom Slovenije will be focused on obtaining new competencies, and entering new markets and areas.
Optimum employee structure
Telekom Slovenije Group has the optimal number of employees to continue addressing the needs of the work processes of individual Group companies.
Financial stability
The company is implementing activities that ensure effective management of liquidity and a high level of financial stability. They note that the company is ensuring the optimum level of debt for the long term, maximizing the company’s value.
Environmental and social responsibility
Telekom Slovenije actively identifies opportunities where we can contribute to the development of the social and economic environment in which they operate, providing their expertise, financial and other resources.
