Monday, March 22, 2010

Big potential is also seen in Pakistan by Telenor

Pin It It has been announced by telecom operator Telenor that the operators are not generating enough profit per phone user to have five mobile groups in Pakistan. The operators would have to consider mergers or acquisitions to see significant growth.

Telenor made its entry into Pakistan exactly five years ago and currently it is the second largest cellular phone operator after Mobilink, a subsidiary of Egypt’s Orascom Telecom.Pakistan’s. The other mobile operators include Ufone, Warid Telecom and Zong.

Telenor is considering a broader expansion in Pakistan along with India, Thailand, Malaysia and Bangladesh. 26 per cent of revenues in 2008 by the company were generated in Asia. The rest of the income came from eastern and central Europe and the Nordic region.

Telenor’s has been concentrating its attention on its 67.3 per cent investment in Unitech Wireless of India but big potential is also seen in Pakistan, which has seen a phenomenal increase in the number of mobile phone users over the past decade.

Source:Wireless Federation

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