Telenor Pakistan has exhibited positive results in it’s second quarter for current fiscal year, said Telenor Group’s earning report for first half 2011.
Telenor Pakistan generated total revenue of PKR 19.63 billion (NOK 1,243 million) during second quarter of 2011, slightly up from 19.50 billion (according to current date exchange rate) during the same period last year.
Company said that operating profits grew to PKR 2.27 billion in reported quarter, up from from PKR 1.45 billion during the same period in 2010 mainly due to controlled operating cost.
Earning report said that the number of subscriptions increased by 914,000 during the quarter and the subscription base was 12% higher than at the end of second quarter
last year.
Telenor managed to enhance ARPU in local currency, which increased by 3% due to higher average usage.
Telenor said that it’s EBITDA margin increased by 3 percentage points as revenues
increased and operating costs remained relatively stable with some increase in fuel prices and electricity tariffs.
Check below table for detailed finance stats:
Following is PR sent to us by Telenor Pakistan:
Chief Marketing Officer, Telenor Pakistan Aamir Ibrahim, speaking about the solid second quarter figures, said: “I am happy with Telenor Pakistan’s performance in the second quarter of 2011. We have been able to sustain growth and keep our EBITDA margin strong despite operating in a challenging business environment.
As with previous quarters, we continue to receive recognition; Telenor Pakistan and Tameer Bank’s easypaisa won the Shaukat Khanum Social Responsibility Award in recognition of the service’s impact on society of organized philanthropy, an achievement we are proud of.”
Also in the reporting period, Telenor Pakistan launched Djuice’s ‘Apportunity’, a service that allows mobile application developers from Pakistan to create mobile apps and get them published.
Apps are published by Telenor Pakistan on the Nokia Ovi Store, Apple AppStore, and Android Marketplace for people around the world to download and enjoy.
Good one now i have comparison of Warid and look at this.
Telenor total Revenue per day per user
19.63billion 109 million 4.18PKR
Warid total Revenue per day per user
18.5billion(aprox) 105 million 5.85PKR
All Warid figures are approx as they claim that they have corssed 100 million per day revenue
In my opinion the Telenor is the best company because as per my knowledge they are running their business without any loans and this is a good sign. Basically the margins of Telecom companies are going down because of very tough competition and the only strategy is to reduce the cost. If Telenor is saving financial cost then this is good management. Like the financial cost of Mobilink and Warid is very high. As mentioned by Waqas, that per day revenue of Warid is higher than the Telenor, could anyone share the cost of both companies (including financial cost) just for comparison? There are two companies which will be successful in future i-e Telenor and Ufone.
the point is that warid is now on track and they have 40% better ARPU than Telenor.
Thanks for comments but ARPU is not the only factor please. Could you please share the EBIDTA, profit after tax,loans and financial cost. This is a good sign that the ARPUs of Warid is better as you mentioned but kindly check the other factors as well.
Telenor and Ufone are going good in the market. Ufone has launched new 30sec package in the market after a long time. This is good sign…
New 30second package have following hidden charges
One time subscription charges are Rs.10+tax
After 30 days of subscription, subscribers will be charged at 63 paisa per 30 seconds
so you have to pay 10+tax after every 30 days to subscribe it
The fact is Warid have better revenue and ARPU than Ufone
Warid have better ARPU than telenor but little less in revenue as Telenor have bigger suscriber base.
With in 6 months PK Telecom market will change
tlenor always owsum.and easapesia also