Telenor ASA — Earnings Release 2025

Jul 16, 2025

Grameenphone - results for the second quarter 2025

Grameenphone - results for the second quarter 2025

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

Q2 25 Q2 24

-Revenues 3,478 3,998

-Adjusted EBITDA 2,090 2,414

-Operating profit 1,345 1,602

-CAPEX excl. leases 269 431

Organic growth in service revenues was -3.1%, and organic growth in adjusted EBITDA (before other income and expenses) was -3.4%. The company added 1.4 million subscribers during the quarter.