Telenor Group's subsidiary in Bangladesh, Grameenphone, has today announced its
results for the third quarter 2020. Telenor's consolidated figures in NOK
million are as follows:

                               Q320    Q319    
Revenues                      3,820   3,840   
EBITDA before other items     2,430   2,433   	
Operating profit              1,791   1,817   
 
CAPEX excl. spectrum licences   353     221    

Subscription and traffic revenues in local currency decreased by 1 %, and EBITDA
decreased by 3 %. During the quarter the number of subscriptions increased by 3
million to 77.5 million.

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