Telenor figures stable for Q3

LAHORE - Telenor Pakistan 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. According to a press release, number of subscribers grew 15 percent over the same period last year; market share remained stable at 24 percent. 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 Pakistans 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 Banks Easypaisa services which added three new corporate accounts to its portfolio.

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