August 21 (SeeNews) - Montenegro's mobile phone penetration rate fell to 206.45% at the end of July from 186.04% a month earlier, data from the country's telecommunications regulator showed on Friday.
The three mobile phone operators in the country of 620,000 people reported a total of 1,280,295 SIM cards in use at the end of July, Montenegro's Agency for Telecommunications said in a statement. Pre-paid subscribers totaled 990,517.
Montenegro's leading GSM operator, ProMonte, owned by Norway's biggest telecommunications group Telenor, had a 38.31% market share at the end July.
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 33.22%.
The third mobile operator, m:tel, started operations in Montenegro in July 2007. It reported a 28.47% market share at the end of November. m:tel is owned by a consortium of Serbian state-owned telecom company Telekom Srbija and Netherlands-based Ogalar.