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Serbia power consumption - Dec 01, 2023
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Croatia’s share indices extend gains thanks to Podravka, Adris
Ljubljana share indices end week up, Telekom Slovenije leads gainers
Oct 25, 2007 15:56 EEST
October 25 (SeeNews) - Norwegian telecommunications company Telenor said on Thursday its Serbian unit had 812 million Norwegian crowns ($150.5 million/105 million euro) in operating income before depreciation, amortisation and impairment charges (EBITDA) in the first nine months of 2007.
Telenor Serbia had a revenue of 2.196 billion crowns in the January-September period, Telenor said in a statement.
Year-ago figures were not immediately available, as Telenor launched operations in Serbia in September 2006, following the acquisition of Serbian mobile operator Mobi63 for 1.51 billion euro ($2.2 billion) two months earlier.
Telenor Serbia subscribers increased to 2.841 million as of end-September from 2.464 million at the end of 2006.
In the third quarter Telenor Serbia's market share decreased from 41% to 39% due to the appearance of a third operator on the Serbian market, the statement said.
State-owned Telekom Srbija's mobile unit, MTS, and VIP, a unit of Telekom Austria, which started operations in July, are the other wireless operators in the country of 7.5 million people.
Telenor has operations in 13 countries and considers Eastern Europe one of its core markets.
(1 euro= 7.7272 Norwegian crowns)
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