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Wireless

Grameenphone's Q2 revenues grow 15%, EBITDA up 30%

Monday 17 July 2017 | 10:18 CET | News
Bangladeshi mobile operator Grameenphone saw its second-quarter revenues reach NOK 3.4 billion, which represents an increase of 15 percent, following subscription growth and a 9 percent higher ARPU, parent company Telenor reported. EBITDA jumped 30 percent in the period to NOK 2.1 billion, following the strong revenue uplift and improved cost efficiency and was positively impacted by an adjustment of accruals, the company said. Adjusted for this item, the EBITDA increased by 22 percent and the EBITDA margin was 58 percent.

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Categories: Mobile & Wireless
Companies: GrameenPhone / Telenor
Countries: Bangladesh
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