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“Fast mobile internet enables access to the latest services for our customers. Our participation at the spectrum auction proves our long term commitment in developing the telecommunication market. We will continue to work on creating better opportunities for everyone, providing the highest network quality and digitalizing Serbian society”, says Ove Fredheim, CEO of Telenor Serbia.
The introduction of 4G will be implemented gradually. 4G services will be launched in urban areas first and thereafter spread to rural regions, in line with the needs of customers.
Telenor has committed to pay seven million euros for two blocks. The company has already reimbursed a deposit of RSD 1,3 million (EUR 11.000 EUR for the participation at the tender organized by RATEL, Serbia’s official regulatory body.
The number of LTE connections worldwide have more than doubled between 2013 and 2014, to around 490 million from 200 million, according to GSMA Intelligence figures. By the end of 2015, industry body GSMA expects that more than 10% of connections globally will be on LTE, with this share rising to more than three in every ten connections by 2020.
About Telenor Serbia
Telenor Srbija (www.telenor.rs) is part of Telenor Group, one of the largest world mobile operators with 186 million subscribers on 13 markets. Telenor is the largest single investor in Serbia with an initial investment of EUR 1.53 billion.
With 3.2 million customers, Telenor Serbia helps people use all the benefits of modern communications. This company has 119 shops in 84 cities and employs around 1,000 people, whereas the Smart Network covers over 80% of the population.