Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the third quarter 2022. Telenor’s consolidated figures in NOK million are as follows:
Q3 22 Q3 21
Revenues 4,024 3,745
EBITDA before other items 2,505 2,369
Operating profit 1,783 1,631
CAPEX excl. spectrum licences 293 205
Service revenues in local currency increased by 7%, and EBITDA increased by 5%. During the quarter the number of subscriptions decreased by 2.9 million to 81.792 million.