MOBILE WORLD CONGRESS — Norway-based Telenor Group has reached a significant milestone – its 100 millionth subscriber in Asia.
“… Telenor Group continues to develop and reinforce its position as a leading pan-Asian provider of telecommunication services," said Sigve Brekke, executive vice president of Telenor Group. “This position is based on a long-term industrial commitment, a strong customer focus and a fundamental belief that the mobile phone would benefit emerging economies as a vital tool in improving quality of life in the region."
Telenor Group entered Asia in 1996. At the end of 2010, the company’s five Asian operations generated 39 percent of the group’s total revenues. In subscriber growth, Telenor Group added more than 23 million subscribers in Asia in 2010.
Telenor Group says its unique segmentation and distribution platforms have become a competitive advantage, enabling its local operations to connect millions of previously unconnected people with basic mobile phone services.
“As a mobile operator with a strong industrial background, Telenor Group has a long-term commitment to developing our operations. Since entering into the Asia we have made significant financial investments and deployed management competence and industrial know-how," said Brekke.