TELENOR ASA

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Telenor : Grameenphone - results for the first quarter 2021

04/20/2021 | 01:49am

Telenor Group's subsidiary in Bangladesh, Grameenphone, has today announced its
results for the first quarter 2021. Telenor's consolidated figures in NOK
million are as follows:

Q1 21 Q1 20
Revenues 3,499 4,057
EBITDA before other items 2,192 2,563
Operating profit 1,628 1,911
CAPEX excl. spectrum licences 364 44

Subscription and traffic revenues in local currency decreased by 3%, and EBITDA
decreased by 5%. During the quarter the number of subscriptions increased by
1.71 million to 80.747 million.


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