Telenor Pakistan doubles operating profit in Q2

Thursday 24 July 2014 | 10:05 CET | News
Telenor Pakistan doubled its second-quarter operating profit to NOK 439 million from NOK 216 million in the year-ago quarter. Revenues grew to NOK 1.14 billion from NOK 1.09 billion a year earlier. ARPU in local currency decreased by 13 percent, due to continued intense on-net competition and subscription growth in lower revenue generating segments. The drop was partially offset by revenues from data- and voice bundles and increased surcharge on refills, parent company Telenor said. The EBITDA margin increased by 2 percentage points primarily as a result of lower operations and maintenance

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Categories: Mobile & Wireless
Companies: Telenor Pakistan
Countries: Pakistan
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