Karachi: Pakistan’s subscriber base grew 4% over the previous quarter as it added 1.21 million subscribers as compared with 822,000 subscribers in Q4 2011, ending with a customer base of 29.3 million.
Both EBITDA margin and ARPU were higher in the reporting quarter as compared with the previous quarter. SIM market share was stable at just over 24%.
Chief Executive Officer Lars Christian Iuel, in his comments following the announcement, said: “The first quarter financial results show that Telenor Pakistan continues to grow in a sustainable manner. As a company that prides itself on offering innovative services such as Easypaisa, we are committed to not only meeting our customers’ expectations but to exceeding them. We look forward to offering ever new products and services that are convenient to use to our customers to enable them to enjoy the benefits of telecommunications.”
In the first quarter of the year, Telenor Pakistan began a major network modernization project in preparation for offering next generation services to customers. Its branchless banking service Easypaisa was recognized by the Bill & Melinda Gates Foundation when it was offered a major grant to increase adoption of its mobile financial services among Pakistan’s poorest households.
Also in the reporting period, Telenor Pakistan through its partner Sybrid launched a state-of-the-art contact centre, which will help create jobs for 500 talented Pakistani individuals. Telenor Pakistan also became the first cellular operator to agree to work with the Government of Pakistan on the ‘8300 Voter Registration Service’.
Dear TNT Reader,
At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.
Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.
But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.
Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.
Donate Monthly Subscription Annual Subscription