Telenor Serbia financial results for Q3 2015
Telenor Group reported today financial results for third quarter.
To find out more about the company’s Group results please click on this link or visit page telenor.com.
As part of the Group report, you can find figures for Telenor Serbia on page 4 of the report.
Ove Fredheim, CEO of Telenor Serbia on that occasion said: “Telenor Serbia revenues in the third quarter of 2015 continued the company’s positive year-over-year development. It is a 9% revenue increase compared with the third quarter in 2014, prompted largely by the establishing of SMS interconnection and the introduction of handset financing. The economic environment in Serbia remained challenging for our business as it does for the overall telecommunications market. The competition race continues with the same intensity, and we are staying focused on strengthening our leading position while maintaining healthy profitability levels. Bearing in mind the increased usage of data and the Internet by our customers, Telenor keeps expanding its network in order to provide world-class customer experience. At the end of Q1 2016, the whole Serbia will be covered with fast internet, wherever mobile signal exists. By applying the synergy of telco and financial solutions and extending the range of available services, we continue to bring innovations to the citizens of Serbia”.