Grameenphone - results for the second quarter 2024

16 Jul 2024 06:00 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:

Q2 24 Q2 23
-Revenues 3,998 4,006
-EBITDA before other income and expenses 2,414 2,447
-Operating profit 1,602 1,633
-CAPEX excl. leases 431 711

Organic service revenues increased by 6%, and EBITDA before other income and
expenses increased by 4%. During the quarter the number of subscriptions
increased by 2.3 millions.

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