Press Releases

26
October 2011

Telenor Pakistan quarterly figures remain stable for Q3 2011

ISLAMABAD, October 26, 2011: Telenor Pakistan, the country's second largest cellular company, continued to perform well in the third quarter of 2011 according to the latest figures released by the Telenor Group. It added 642,000 subscriptions during July-September, ending with 27.3 million subscribers. Number of subscribers grew 15% over the same period last year; market share remained stable at 24%.

CEO Telenor Pakistan Christian Albech, speaking about the third quarter figures, said: Telenor Pakistan continues to grow at a sustainable pace. In Q3 we solidified our position as Pakistan's second largest mobile operator by crossing 27 million subscribers. We also continued with planned investments in Pakistan, a testament of which was our winning the Prime Minister of Pakistan Trophy for Largest Foreign Direct Investment, an achievement we are proud of.


A highlight of the reporting period was Telenor Pakistan and Tameer Bank's Easypaisa services which added three new corporate accounts to its portfolio. Customers to these websites can now pay for goods via Easypaisa: Homeshopping.pk, Pakistan's largest online retail store; Intellect Wealth Associates, an eLearning website that helps students prepare for their Board exams; and I Dress, a platform which lets women design their clothes online.

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