Grameenphone - Q1 2017 results

Telenor Group's subsidiary in Bangladesh, Grameenphone, has today
announced its first quarter 2017 results. Telenor's consolidated
figures in NOK million are as follows:

Q117 Q116
Revenues 3,277 3,045
EBITDA before other items 1,903 1,684
EBITDA 1,886 1,683
Operating profit 1,284 1,124

CAPEX 480 1,004

During the quarter the number of subscriptions increased by 1.914
million to 59.868 million.