Company information
Telenor Montenegro offers mobile voice, roaming, value-added services and mobile data services.
Telenor Montenegro at a glance
- 490,000 mobile subscriptions (Q3 2011)
- 322 employees (Q3 2011)
- Total revenues of NOK 644 million (mobile operation 2010)
- Monthly Mobile ARPU: NOK 110 (Q3 2011)
- The headquarters are located in Podgorica
- CEO: 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
Visit Telenor Montenegro's website
Key figures (NOK in millions)
| 3rd quarter | First three quarters | Year | |||
|---|---|---|---|---|---|
2011 | 2010 | 2011 | 2010 | 2010 | |
| Revenues | 198 | 200 | 485 | 487 | 644 |
| EBITDA before other items | 105 | 106 | 226 | 216 | 287 |
| Operating profit | 92 | 93 | 189 | 109 | 160 |
| EBITDA before other items/Total revenues (%) | 53,3 | 52,8 | 46,6 | 44,4 | 44,6 |
| Capex | 2 | 5 | 19 | 25 | 24 |
| No. of subscriptions - Change in quarter/Total (in thousands): | 55 | 72 | 490 | 519 | 468 |
| Exchange rate | 7,8036 | 7,9906 | 8,0068 | ||