Grameenphone - results for the second quarter 2026

Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the second quarter of 2026. Telenor’s consolidated figures in NOK million are as follows: Q2 26 Q2 25 - Service revenues 2,911 3,315 - Adjusted EBITDA 1,777 2,090 - Operating profit 1,108 1,345 - CAPEX excl. leases 421 269

Service revenues declined by 3.2% on an organic basis, and adjusted EBITDA declined by 6.1% on an organic basis. The performance reflected lower voice usage, muted data growth and a competitive pricing environment, partly mitigated by efficiency initiatives including energy optimisation in the networks, vendor cost negotiations and continued focus on commercial spend efficiency. Grameenphone added 2.1 million subscribers during the quarter.