Telenor Pakistan Posts 20% Revenue Growth in Q4 2011

telenor_logoTelenor Pakistan posted 20 percent growth in local currency for overall revenues which stood at Rs. 20.20billion (NOK 1,343) during fourth quarter of 2011, up from Rs. 17.27 billion (NOK 1,173) during the same period a year ahead.

Financial results said that increase in revenues were mainly due to increase in mobile subscriptions and higher ARPU, which grew 3 percent in local currency as a result of higher usage.

Revenues from financial services contributed 3 percent of total revenue growth during the reported duration.

Telenor Pakistan’s EBITDA margin increased by 13 percentage points primarily due to strong revenue growth and stable operating expenses. EBITDA in local currency increased by 77%. Excluding the positive effect of one-time items the EBITDA margin was 38%.

Telenor Pakistan, according to financial stats provided by Telenor Group, had 28,131,000 customers as of December 31st, 2011 – 27,835 of these were prepaid while another 296,000 were reported as postpaid subscribers.

Telenor said that average traffic minutes per subscription per month stood at 202 minutes, slightly ahead of 197 minutes a quarter ago.

Telenor managed to maintain an ARPU of Rs. 236 during the reported quarter, showing a slight growth of 3 percent over the last quarter. Telenor said that ARPU for postpaid subscriptions stood at Rs. 771.

Check below following financial stats extracted from Telenor’s financial report:

Telenor_Pakistan

You can download Telenor’s financial report for Q4 2011 by clicking this link (PDF File – 295KB)