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Telenor ASA Earnings Release 2014

Jul 21, 2014

Earnings Release

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Grameenphone Q2 2014 results

Telenor Group's subsidiary in Bangladesh,

Grameenphone, has today announced its second quarter

2014 results. Telenor's consolidated figures in NOK

million are as follows:

Q214 Q213

Revenues 2,025 1,788

EBITDA before other items 1,094 916

EBITDA 1,098 916

Operating profit 781 632

CAPEX 285 157

During the quarter the number of subscriptions

increased by 550,000 to 49.233 million.