Grameenphone - results for the fourth quarter 2025

Telenor Group’s subsidiary in Bangladesh, Grameenphone, has today announced its results for the fourth quarter of 2025. Telenor’s consolidated figures in NOK million are as follows:

Q4 25 Q4 24 - Revenues 3,187 3,808 - Adjusted EBITDA 1,846 2,184 - Operating profit 1,108 1,239 - CAPEX excl. leases 149 282

Organic service revenues increased by 3.4%, and organic adjusted EBITDA increased by 4.8%. During the quarter the number of subscriptions decreased by 1.7 million, of which 1.1 million was de-registered following regulatory changes that limit the number of SIM cards a person can hold. The revenue impact of the de-registrations was minor.