Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the second quarter of 2023. Telenor’s consolidated figures in NOK million are as follows:
Q2 23 Q2 22
Revenues 4.006 4.024
EBITDA before other items 2.447 2.456
Operating profit 1.633 1.741
CAPEX excl. leases 711 593
Service revenues in local currency increased by 5.3%, and EBITDA increased by 5.7%. During the quarter the number of subscriptions increased by 1.1 million.