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Montenegro's Mobile Phone Penetration Rate Rises to 226.42% at End-Sept

Oct 15, 2009, 10:29:28 AMArticle by Vera Borisova
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October 15 (SeeNews) - Montenegro's mobile phone penetration rate rose to 226.42% at the end of September from 222.71% a month earlier, data from the country's telecoms regulator showed.

Montenegro's Mobile Phone Penetration Rate Rises to 226.42% at End-Sept

The three mobile phone operators in the country of 620,000 people reported a total of 1,404,132 SIM cards in use at the end of September, Montenegro's Agency for Telecommunications said in a statement. Pre-paid subscribers totalled 1,108,736.

Montenegro's leading GSM operator, ProMonte, owned by Norway's biggest telecommunications group Telenor, had a 36.92% 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 33.7%.

The third mobile operator, M:Tel, started operations in Montenegro in July 2007. It reported a 29.38% market share at the end of September. M:Tel is owned by a consortium of Serbian state-owned telecom company Telekom Srbija and Netherlands-based Ogalar.

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