Grameenphone - results for the first quarter 2024

25 Apr 2024 07:00 CEST

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.

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