Telenor Group's subsidiary in Bangladesh, Grameenphone, has today announced its
results for the first quarter 2022. Telenor's consolidated figures in NOK
million are as follows: 

                                                        Q1 22 	        Q1 21 
Revenues 						3,735		3,499
EBITDA before other items 				2,281		2,192
Operating profit 					1,519		1,628
CAPEX excl. spectrum licences 				  403		  364 

Service revenues in local currency increased by 5%, and EBITDA increased by 2%.
During the quarter the number of subscriptions increased by 0.5 million to
83.720 million.

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