Friday, October 30, 2009

Telenor Pakistan has posted strong results for the third quarter of the current year

Pin It Staff Report ISLAMABAD: Telenor Pakistan has posted strong results for the third quarter of the current year. The company has taken its subscriber base to 21.7 million by adding 765,000 subscriptions.


This subscriber growth of 17 percent compared to same period last year has come about at a time of stiff industry competition and significant market challenges.

In the third quarter of 2009, Telenor Group’s reported worldwide revenues increase by 4 percent compared to the third quarter of 2008, reaching NOK 24.3 billion. The operating profit increased by 14 percent to NOK 4.5 billion. Telenor’s mobile operations added 4 million subscriptions during the quarter, reaching a total of 172 million.

The Telenor Group is an international provider of high quality tele, data and media communication services with mobile operations in 13 markets across the Nordic region, Central and Eastern Europe and in Asia.

The Telenor Group is among the largest mobile operators in the world with over 172 million mobile subscriptions and a workforce of more than 40,000. Telenor Pakistan is 100 percent owned by Telenor ASA and adds on to its operations in Asia.

Source : Flare

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