Telenor Myanmar grows at million customers a month in first quarter

Posted on February 16, 2015  /  0 Comments

First results from Telenor Myanmar, from Telecom Paper.

Telenor ended its first quarter in Myanmar with 3.406 million mobile customers. The new mobile operator generated NOK 287 million in revenues in Q4 2014 and an EBITDA loss of NOK 248 million. It spent NOK 598 million in Q4 and NOK 4.28 billion in all 2014 on rolling out the new network in Myanmar. At the end of 2014, Telenor Myanmar had launched services in the three
biggest cities Yangon, Mandalay and Nay Pyi Taw, with a total of 1,054 sites on air.

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