Telenor Group today announced that it has surpassed the 200 million mobile subscriber mark across 13 markets, out of which one in seven customers is from Pakistan. This represents a significant milestone in Telenor Group’s history across Asia, Europe and the Nordics, said a statement issued by the group.
“Many in Telenor can remember reaching one million subscribers – a once-historic milestone. Since then, the world has changed dramatically and with it, the role of the mobile phone. Today, Telenor is in the hands of more than 200 million people from Malaysia to Norway. Telenor´s early explorers of the 1990s aspired to bring the benefits of mobile communications to everyone, but they could hardly have imagined the impact we witness now. Today, our vision goes beyond putting a phone in every hand. We envision an internet for all, and with it all the opportunities that a digital life brings,” said Sigve Brekke, President and CEO of Telenor Group.
Telenor Pakistan contributes 16.9% and 6.2% in overall subscriber base and revenues of Telenor Group respectively
As the world evolves to view connectivity as a basic necessity, Telenor Group will continue its work in enabling connectivity for all. At the same time, Telenor is exploring new ways to sustain growth, capture customers’ attention and create value for them.
Telenor Group is present in 13 markets across Asia and Europe. The company entered Hungary 21 years ago and established its first Asian operation in 1996. Telenor has since emerged as a leading global mobile operator.
As of the third quarter 2015, Telenor Group’s six Asian operations generated more than 50 percent of the group’s total revenues and Norway and the rest of Europe about 20 percent each. Telenor Group has added more than 170 million subscribers in the past decade.
Operations in Pakistan
With over 33 million customers and a network that covers 75% of Pakistan’s population, Telenor Pakistan is the second largest telecom operator in the country.
Telenor Pakistan is wholly owned by Telenor Group, contributes 16.9% and 6.2% (as per Q3, 2015) in overall subscriber base and revenues respectively, and has a strong track record of providing industry-leading mobile services and innovations for all in the country. Today, the mobile operator ranks among the largest and fastest growing 3G networks in Pakistan with over 5.7 million 3G subscribers.
Michael Foley, CEO, Telenor Pakistan commenting on the achievement of this significant milestone said,
“Telenor Group has demonstrated a strong commitment to Pakistan and in the development of Pakistani telecommunications industry for the good of the Pakistani people.
Telenor Pakistan has contributed significantly to the growth of Telenor Group and the success of our operations in Pakistan is yet another testament of the Group’s vision to empower societies.
Telenor Pakistan will further consolidate and strengthen its position in order to contribute to sustainable development of Pakistan and the growth of Telenor Group.”