Montenegro's Mobile Phone Penetration Rate Rises to 222.71% at End-Aug

The three mobile phone operators in the country of 620,000 people reported a total of 1,381,130 SIM cards in use at the end of August, Montenegro's Agency for Telecommunications said in a statement. Pre-paid subscribers totalled 1,090,064.

Montenegro's leading GSM operator, ProMonte, owned by Norway's biggest telecommunications group Telenor, had a 37.99% market share at the end August.

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 32.92%.

The third mobile operator, M:Tel, started operations in Montenegro in July 2007. It reported a 29.09% market share at the end of August. M:Tel is owned by a consortium of Serbian state-owned telecom company Telekom Srbija and Netherlands-based Ogalar.