Montenegro's Mobile Phone Penetration Rate Falls to 204.5% at End-Oct

The three mobile phone operators in the country of 620,000 people reported a total 1,268,475 SIM cards in use at the end of October, Montenegro's Agency for Telecommunications said in a statement. Pre-paid subscribers totaled 998,459.

Montenegro's leading GSM operator, ProMonte, owned by Norway's biggest telecommunications group Telenor, had a 39.79% market share at the end October.

The second biggest GSM operator in the Adriatic country, T-Mobile, is a unit of Magyar Telekom, the Hungarian arm of Deutsche Telekom. T-Mobile, formerly known as Monet, had a market share of 33.38%.

The third mobile operator, m:tel, started operations in Montenegro in July 2007. It reported a 26.83% market share at the end of October. m:tel is owned by a consortium of Serbian state-owned company Telekom Srbija and Netherlands-based Ogalar.