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Telenor Pakistan sees operating profit rise, revenues fall

Thursday 13 February 2014 | 00:09 CET | News
Telenor Pakistan posted an operating profit of NOK 323 million in the fourth quarter, up from NOK 17 a year earlier. However, EBITDA slipped to NOK 470 million from NOK 610 million and EBITDA margin fell 8 percentage points to 35.1 percent. Revenues fell to NOK 1.34 billion from NOK 1.42 billion in the year-ago quarter. During the quarter, the number of subscriptions increased by 1.1 million to 33. 41 million and ARPU in local currency decreased by 8 percent due to the drop in voice ARPU due to continued intense on-net competition eroding air time monetisation, accompanied by the decrease in

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