Grameenphone – results for the second quarter 2021

Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the second quarter 2021. Telenor’s consolidated figures in NOK million are as follows:

Q2 21 Q2 20
Revenues 3,531 3,913
EBITDA before other items 2,189 2,441
Operating profit 1,558 1,672
CAPEX excl. spectrum licences 513 288

Subscription and traffic revenues in local currency increased by 8%, and EBITDA increased by 8%. During the quarter the number of subscriptions increased by 1.28 million to 82.025 million.