Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the first quarter 2020. Telenor’s consolidated figures in NOK million are as follows:
Q120 Q119
Revenues 4,057 3,570
EBITDA before other items 2,563 2,246
Operating profit 1,911 1,605
CAPEX excl. spectrum licences 44 425
Subscription and traffic revenues in local currency increased by 4%, and reported EBITDA increased by 4%. During the quarter the number of subscriptions decreased by 1.129 million to 75.333 million.