Grameenphone Q3 2017 results

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

Q317 Q316
Revenues 3,257 3,134
EBITDA before other items 1,910 1,784
EBITDA 1,805 1,787
Operating profit 1,232 1,236

CAPEX 191 226

In local currency, total revenues increased by 13%, while
subscription and traffic revenues grew 15%.

The number of subscriptions increased by 2.3 million during the
quarter. The total number of subscriptions was 63.883 million at the
end of the quarter.