Telenor Pakistan has donated 100 mobile phones including free air time to the Pakistan Army. The handsets with SIMs were handed over by Muhammad Farooq Shaikh, Regional Director Sales & Distribution, Central-3 to Maj-Gen Nadir Zeb, General Officer Commanding, 1st Armoured Division, Multan Cantt. on Aug 27, 2010. The initiative comes on the heels of Telenor Pakistan’s earlier pledge of Rs100 million toward flood relief efforts’.
Telenor Pakistan faced an operating loss of $14.3 million in the first quarter of 2009, following a loss of $ US 49 million in 2008.
Average revenue per user in Pakistan stood at just Rs. 252 ($ US 3) per subscriber per month in the first quarter, the lowest in all 13 countries in which Telenor operates, but the number of subscribers grew by nearly 20 percent year-on-year.
A fresh air in the quarter 2nd of 2009 where Telenor Pakistan has posted a growth in revenues by 8% and netting 908k subscribers compared to 597k in the previous quarter. The report does not talk about the net profit, a percentage figure on the basis of net addition in connection has been taken into account.
Just two days back a court in Moscow has allowed the sale of shares owned by Telenor in VimpelCom, a number two company by size in Russia, in which Telenor has 29.9 % of shares. The order from the court will result in a total loss of all the assets Telenor posses in Russia.
Read more…
Recent Comments