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Montenegro's Mobile Phone Penetration Rate Falls to 211.9% at End-Sept

Oct 17, 2008, 2:21:18 PMArticle by Iskra Pavlova
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October 17 (SeeNews) - Montenegro's mobile phone penetration rate fell to 211.9% at the end of September from 218.97% a month earlier, data from the country's telecommunications regulator showed on Friday.

Montenegro's Mobile Phone Penetration Rate Falls to 211.9% at End-Sept

The three mobile phone operators in the country of 620,000 people reported a total 1,314,094 SIM cards in use at the end of September, Montenegro's Agency for Telecommunications said in a statement. Pre-paid subscribers totaled 1,096,863.

Montenegro's leading GSM operator, ProMonte, owned by Norway's biggest telecommunications group Telenor, had a 41.21% market share at the end September.

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 31.41%.

The third mobile operator, m:tel, started operations in Montenegro in July 2007. It reported a 27.38% market share after fifteen months of operation. MTel is owned by a consortium of Serbian state-owned company Telekom Srbija and Netherlands-based Ogalar.

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