Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the fourth quarter 2020. Telenor’s consolidated figures in NOK million are as follows:
Q420 Q419
Revenues 3,693 3,887
EBITDA before other items 2,341 2,464
Operating profit 1,662 1,771
CAPEX excl. spectrum licences 429 419
Subscription and traffic revenues in local currency decreased by 3%, and EBITDA decreased by 4%. During the quarter the number of subscriptions increased by 1.445 million to 79.037 million.