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Telenor ASA Earnings Release 2014

Oct 28, 2014

Earnings Release

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Grameenphone Q3 2014 results

Telenor Group's subsidiary in Bangladesh,

Grameenphone, has today announced its third quarter

2014 results. Telenor's consolidated figures in NOK

million are as follows:

Q314 Q313

Revenues 2,075 1,939

EBITDA before other items 1,127 1,028

EBITDA 1,129 1,083

Operating profit 778 789

CAPEX 230 1,525

During the quarter the number of subscriptions

increased by 1.058 million to 50.291 million