Telenor Group's subsidiary in Bangladesh, Grameenphone, has today announced its
results for the first quarter 2023. Telenor's consolidated figures in NOK
million are as follows: 

                                          Q1 23 	Q1 22 
Revenues   				  3,620		3,735
EBITDA before other items 		  2,208		2,281
Operating profit 			  1,472		1,519
CAPEX excl. spectrum licences 		    670		  403 

Service revenues in local currency increased by 3%, and EBITDA increased by 3%.
During the quarter the number of subscriptions increased by 1 million.

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