Grameenphone Q3 2016 results

Telenor Group's subsidiary in Bangladesh, Grameenphone, has
on today announced its third quarter 2016 results. Telenor's
consolidated figures in NOK million are as follows:

Q316 Q315
Revenues 3,134 2,811
EBITDA before other items 1,784 1,432
EBITDA 1,787 1,432
Operating profit 1,236 894

CAPEX 226 488

The number of subscriptions decreased by 1.9 million during
the quarter due to disconnection of SIM cards that have not
been biometrically verified. The total number of
subscriptions was 55.015 million at the end of the quarter.