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Telenor ASA Earnings Release 2016

Oct 18, 2016

Earnings Release

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Grameenphone Q3 2016 results

Telenor Group's subsidiary in Bangladesh, Grameenphone, has

on today announced its third quarter 2016 results. Telenor's

consolidated figures in NOK million are as follows:

Q316 Q315

Revenues 3,134 2,811

EBITDA before other items 1,784 1,432

EBITDA 1,787 1,432

Operating profit 1,236 894

CAPEX 226 488

The number of subscriptions decreased by 1.9 million during

the quarter due to disconnection of SIM cards that have not

been biometrically verified. The total number of

subscriptions was 55.015 million at the end of the quarter.