Telenor says Pakistan clients exceed 15 million

January 16th, 2008 Sana · 1 Comment

OSLO, Jan 16 (Reuters) - Norwegian telecom group Telenor said on Wednesday that its mobile operator in Pakistan had seen its subscribers grow to above 15 million, passing that landmark in less than three years in the business.

At the end of November, Telenor Pakistan had 13.91 million customers.

“In 2007, the company grew nearly 200 percent in terms of customers, experiencing the highest growth in the industry in Pakistan by a wide margin compared to its competitors,” Telenor said in a statement.

Telenor Pakistan has the second-largest mobile network in Pakistan, and its earnings before interest, tax, depreciation and amortisation turned positive in the second quarter of 2007, Telenor said. Telenor has interests in 12 mobile telcom operators across Europe and Asia.