Telenor ASA — Earnings Release 2026

Apr 22, 2026

Grameenphone - results for the first quarter 2026

Grameenphone - results for the first quarter 2026

Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the first quarter of 2026. Telenor’s consolidated figures in NOK million are as follows:

Q1 26 Q1 25

- Service revenues 2,847 3,315

- Adjusted EBITDA 1,724 1,998

- Operating profit 1,027 1,156

- CAPEX excl. leases 285 437

Organic service revenues decreased by 1.9%, and organic adjusted EBITDA decreased by 1.5%. During the quarter the number of subscriptions increased by 0.3 million. The adjusted EBITDA for the period included a NOK 34 million one-off positive settlement at the end of the quarter.