Telenor Group's subsidiary in Bangladesh, Grameenphone, has today
announced its second quarter 2017 results. Telenor's consolidated
figures in NOK million are as follows:
Q2 17 Q2 16
Revenues 3,432 2,965
EBITDA before other items 2,102 1,609
EBITDA 2,100 1,507
Operating profit 1,475 948
CAPEX 343 462
Adjusted for positive one-time adjustment of accruals in Q2 2017,
the normalised EBITDA margin would be 58%.
During the quarter the number of subscriptions increased by 1.713
million to 61.581 million. The subscription base was 8 % higher than
at the end of second quarter last year.