Telenor Research

1983 WordsMar 28, 20138 Pages
INTRODUCTION: Telenor is 100% owned by the Telenor Group, which is an international provider of voice, data, content and mobile communication services in 11 markets across Europe and Asia and in additionally 19 markets through its 31.67 per cent ownership in VimpelCom Ltd. Telenor Group is among the largest mobile operators in the world with over 140 million mobile subscriptions (Q4 2011) and a workforce of 30,000. Telenor started out as a public company in 1855 and builds on more than 155 years of telecom experience. Telenor Pakistan Telenor is the second largest mobile operator in Pakistan. Telenor Pakistan is a wholly-owned subsidiary of Telenor. On 26 May 2004, Telenor was awarded a GSM licence to build and operate a mobile network…show more content…
Another company, Alfa, which has a 44 percent stake in VimpelCom, is pursuing a similar suit against Telenor in Geneva. After revising the commission structure, Telenor has decreased its easyload commissions from 3% to 2.80% for retailers, which is now industry’s lowest commission rate offered by any cellular company, but it didn’t work in its favor and the retailers declared to boycott all telenor services including EasyLoad, EasyPaisa, SIM replacements and new sales. After losses from its operation in Russia and Bangladesh, Telenor is working hard in order to come up with ideas that can help the company increase its market share and revenues. The approval of clearance for operating in India (Unitech wireless) created a chance of increasing its share to 74% for which it has taken a bank loan of US $ 2 bn. POSITIVE PERFORMANCE: 2010: The Pakistani subsidiary of Telenor did not let its parent company down when it announced its annual financial results for 2010, as it was able to switch from loss to profit. The highlight of the report, according to Invest and Finance Securities telecom analyst Ayub Ansari, was that the company went from an operating loss of Rs3.46 billion in 2009 to an operating profit of Rs28.21 million in 2010. During the fourth

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