Grameenphone – results for the third quarter 2021

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

Q3 21 Q3 20
Revenues 3,745 3,820
EBITDA before other items 2,369 2,430
Operating profit 1,631 1,791
CAPEX excl. spectrum licences 205 353

Subscription and traffic revenues in local currency increased by 2%, and EBITDA increased by 1%. During the quarter the number of subscriptions increased by 1.6 million to 83.6 million.