Published on June 19th, 2008 | by Babar Bhatti13
Telenor Becomes Second Largest Mobile Company, Leaves Ufone Behind
We have been talking about this trend for a while. The rate of growth of Telenor subscribers (or SIMs) has been faster than Ufone. The numbers released by PTA for May 2008 show that Telenor(17.84M) has a slight lead over Ufone(17.80M).
I think the difference in numbers is minor but this is a major symbolic victory for Telenor. Ufone had a huge advantage in the beginning but Telenor was able to come in from outside and within 3 years it has proved to be a formidable competitor.
More analysis to come later about how Zong is taking away Mobilink customers.