Telenor Montenegro
Telenor Montenegro is the country’s largest mobile operator.
Telenor Montenegro offers mobile voice, roaming, value-added services and mobile data services.
Telenor inspire me to do my best.
Telenor Montenegro at a glance
Key facts
- 372,000 mobile subscriptions (Q1 2013)
- 271 employees (Q1 2013)
- Total revenues of NOK 627 million (2011)
- Monthly Mobile ARPU: NOK 82 (Q1 2013)
- The headquarters are located in Podgorica
- General Manager: Kaaren Hilsen
Historical background
After launching mobile services in 1996, Telenor Montenegro (formerly Promonte) quickly developed the network coverage across the country, overcoming the geographical challenges presented by the mountainous terrain of this Balkan country. Telenor Montenegro has become a quality operator within all segments, focusing its products and services on simplicity of tariff structure and user-friendliness.
Telenor Montenegro has been fully owned by Telenor since 2004.
Analytical information
For detailed information on regulatory matters, network, licenses and competitors, see our business descriptions for Telenor Montenegro.
Company Website
Key Figures for Telenor Montenegro
| (NOK in millions) | 4th quarter | Year | ||
|---|---|---|---|---|
| 2012 | 2011 | 2012 | 2011 | |
| Revenues | 126 | 142 | 584 | 627 |
| EBITDA before other items | 49 | 57 | 245 | 283 |
| Operating profit | 43 | 45 | 203 | 235 |
| EBITDA before other items/Total revenues (%) | 38,4 | 39,9 | 42,0 | 45,1 |
| Capex | 10 | 4 | 46 | 23 |
| No. of subscriptions - Change in quarter/Total (in thousands): | (75) | (29) | 400 | 461 |
| Exchange rate | 7,4744 | 7,7926 | ||