Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the first quarter of 2024. Telenor’s consolidated figures in NOK million are as follows:
Q1 24 Q1 23
- Revenues 3,764 3,620
- EBITDA before other income and expenses 2 290 2 208
- Operating profit 1,491 1,472
- CAPEX excl. leases 686 670
Organic service revenues increased by 5%, and EBITDA before other income and expenses increased by 5%. During the quarter the number of subscriptions increased by 1 million.