Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the third quarter 2020. Telenor’s consolidated figures in NOK million are as follows:
Q320 Q319
Revenues 3,820 3,840
EBITDA before other items 2,430 2,433
Operating profit 1,791 1,817
CAPEX excl. spectrum licences 353 221
Subscription and traffic revenues in local currency decreased by 1 %, and EBITDA decreased by 3 %. During the quarter the number of subscriptions increased by 3 million to 77.5 million.