Telenor Continues with Intensive 4G Expansion in Serbia
In the course of the year Telenor will invest an extra 40 million euros in network development, which will enable 4G Internet access for 50% of the population of Serbia. All Telenor customers already enjoy high-speed Internet access wherever there is mobile coverage, as a result of the completion of the works that lasted six months across Serbia.
“This year we will have the highest overall investment in the network so far, while investing in Internet development is one of Telenor’s primary goals. Mobile telephony users in Serbia are technologically very advanced and are quick to embrace all the novelties on the market. Our network is designed to anticipate and support our customers’ high expectations, as well as the ever increasing data throughput, which in 2015 was up by as much as 43%, said Ingeborg Ofsthus, the CEO of Telenor in Serbia.
This year marks the 10th anniversary of Telenor’s business operations in Serbia, during which period it invested a total of two billion euros. More than 445 million were invested in the network infrastructure in order for the citizens to have access to mobile technologies, the Internet and advanced services.
Telenor remains the largest foreign investor in Serbia. In the last ten years, our company demonstrated its confidence in the potential of the Serbian market, as well its dedication to the development of the market and society as a whole.