Grameenphone - results for the first quarter 2025

24 Apr 2025 16:30 CEST

Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its
results for the first quarter of 2025. Telenor’s consolidated figures in NOK
million are as follows:

Q1 25 Q1 24
-Revenues 3,483 3,764
-Adjusted EBITDA 1,998 2,290
-Operating profit 1,156 1,491
-CAPEX excl. leases 437 686

Organic growth in service revenues was -2.2%, and organic growth in adjusted
EBITDA (before other income and expenses)was -8.1%. The company added 0.6
million subscribers during the quarter.

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