Grameenphone - results for the fourth quarter 2025

02 Feb 2026 17:15 CET

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

Q4 25 Q4 24
- Revenues 3,187 3,808
- Adjusted EBITDA 1,846 2,184
- Operating profit 1,108 1,239
- CAPEX excl. leases 149 282

Organic service revenues increased by 3.4%, and organic adjusted EBITDA
increased by 4.8%. During the quarter the number of subscriptions decreased by
1.7 million, of which 1.1 million was de-registered following regulatory changes
that limit the number of SIM cards a person can hold. The revenue impact of the
de-registrations was minor.

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