Telenor ASA — Earnings Release 2017

Jan 29, 2018

Grameenphone - Q4 2017 results

Grameenphone - Q4 2017 results

Telenor Group's subsidiary in Bangladesh, Grameenphone, has today announced its 2017 results. Telenor's consolidated figures in NOK million for the fourth quarter 2017 are as follows:

Q417 Q416

Revenues 3,190 3,194

EBITDA before other items 1,876 1,752

EBITDA 1,718 1,723

Operating profit 1,134 1,143

CAPEX 470 567

Total revenues in local currency increased by 8% while subscription & traffic revenues increased by 12%.

During the quarter the number of subscriptions increased by 1.446 million to 65.329 million.