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.

milena-montenegro-en

Telenor Montenegro at a glance

Key facts

  • 374 000 mobile subscriptions (Q4 2013)
  • 223 employees (Q4 2013)
  • Total revenues of NOK 627 million (2011)
  • Monthly Mobile ARPU: NOK 92 (Q4 2013)
  • The headquarters are located in Podgorica
  • General Manager: Michael Malvebo

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

Visit Telenor Montenegro’s website

Key Figures for Telenor Montenegro

(NOK in millions) 4th quarter Year
2013 2012 2013 2012
Revenues 133 126 541 584
EBITDA before other items 43 49 214 245
Operating profit 34 43 178 203
EBITDA before other items/Total revenues (%) 32.4 38.4 39.5 42.0
Capex 20 10 41 46
No. of subscriptions - Change in quarter/Total (in thousands): (69) (75) 374 400
Exchange rate 7.8087 7.4744