The quarterly and annual growth of the operator is contributed by growing number of subscribers at Telenor’s operations in Pakistan which added 842,000, Thailand which added 386,000 users, and Bangladesh which added 1.2 million subscribers, thus ending 2009 with a total of 174 million subscribers.
According to CEO Jon Fredrik Baksaas, 2009 results reflect the firm’s focus on geographical presence and reorganization of its activities and he also predicted single digit growth in organic revenues for 2010, and EBITDA margin of 27%-28%, excluding other income and expenses.
Source:WirelessFederation
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