Archive for October 29th, 2007

Telenor Pakistan Q3 2007 - Solid Performance

tn-3q07pk.PNGTelenor has announced solid results for third quarter 2007. See details at Telenor’s corporate site. Telenor’s stock is up since the earning announcement.

Telenor subscribers in Pakistan reached to 12.58 million - however the rate of growt slowed a bit. For details and Pakistan specific information, see the complete spreadsheet from Telenor or click on the thumbnail for a higher resolution quick snapshot. For a review of Telenor’s worldwide performance see this piece from Telecom magazine.

As presented in my previous coverage, Telenor has been successfully working to build its reputation and subscriber base.  When you look at the performance and subscriber numbers note the very high percentage of prepaid customers. This is true for all operators in Pakistan and a common phenomenon present in the emerging market telecom which pulls the ARPU down. The next challenge for operators such as Telenor is to bump up the ARPU. By introducing a wide range of value-added services such as comics, mobile tv and convenient picture uploading they are already on track for this. Next year results will show the uptake on these services.