Telenor Group's subsidiary in Bangladesh, Grameenphone, has today announced its 2017 results. Telenor's consolidated figures in NOK million for the fourth quarter 2017 are as follows:
Q417 Q416
Revenues 3,190 3,194
EBITDA before other items 1,876 1,752
EBITDA 1,718 1,723
Operating profit 1,134 1,143
CAPEX 470 567
Total revenues in local currency increased by 8% while subscription & traffic revenues increased by 12%.
During the quarter the number of subscriptions increased by 1.446 million to 65.329 million.