Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the first quarter 2021. Telenor’s consolidated figures in NOK million are as follows:
Q1 21 Q1 20
Revenues 3,499 4,057
EBITDA before other items 2,192 2,563
Operating profit 1,628 1,911
CAPEX excl. spectrum licences 364 44
Subscription and traffic revenues in local currency decreased by 3%, and EBITDA decreased by 5%. During the quarter the number of subscriptions increased by 1.71 million to 80.747 million.