Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the third quarter of 2024. Telenor’s consolidated figures in NOK million are as follows:
Q3 24 Q3 23
-Revenues 3,568 3,941
-EBITDA before other income and expenses 2,093 2 440
-Operating profit 1,318 1,629
-CAPEX excl. leases 346 259
Organic service revenues decreased by 3%, and organic EBITDA before other income and expenses decreased by 9%. During the quarter the number of subscriptions decreased by 0.7 millions.