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Telenor Pakistan posted 20% growth in local currency for overall revenues which stood at Rs. 20.20 billion (NOK 1,343) during fourth quarter of 2011, up from Rs. 17.27 billion (NOK 1,173) during the same period a year ahead.
Financial results said tha increase in revenues were mainly due to increase in mobile subscriptions and higher ARPU, which grew 3 percent in local currency as a result of higher usage.
Telenor Pakistan’s EBITDA margin increased by 13 percentage points primarily due to strong revenue growth and stable operating expences. EBITDA in local currency increased by 77%. Excluding the positive effect of one-time items the EBITDA margin was 38%.
Telenor managed to maintain an ARPU of Rs. 236 during the reported quarter, showing a slight growth of 3 percent over the last quarter. Telenor said that ARUP for postpaid subscription stood at Rs. 771.
Here below are the financial stats extracted from Telenor’s financial report:
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