Telenor Group on Thursday announced that it has surpassed the mark of 200 million subscribers globally. The telecom operator has its presence across Asia, Europe and Nordics and has recently celebrated its sixth anniversary in India.
Norway-based Telenor is serving subscribers with its mobile services in 13 markets across Asia and Europe. Among the total subscriber base, India contributes over 24 percent, where it launched the services back in 2009 and is commercially available in six circles covering 50 percent of the total Indian population.
“Many in Telenor can remember reaching one million subscribers – a once-historic milestone. Since then, the world has changed dramatically and with it, the role of the mobile phone,” said Sigve Brekke, president and CEO, Telenor Group, in a press statement.
“Today, Telenor is in the hands of more than 200 million people from Malaysia to Norway. Telenor´s early explorers of the 1990s aspired to bring the benefits of mobile communications to everyone, but they could hardly have imagined the impact we witness now. Today, our vision goes beyond putting a phone in every hand. We envision an internet for all, and with it all the opportunities that a digital life brings.”
Telenor earlier this year announced its transformation from Uninor in India. Also, it brought free life insurance cover for its subscribers to take on the competition. “We at Telenor India are proud to be the leading contributor of subscriber growth adding over 5 million customers in the last 11 months,” said Sharad Mehrotra, CEO, Telenor India, in the statement.
“With a strong position on being the most affordable service provider we have attracted the mass market customers and managed to be the 4th biggest in revenue and customer market share in the circles we operate. As we move towards becoming a digital services company, we are committed to take data and Internet services to the masses as we have done with voice services.”
The operator entered Hungary and established its first Asian operation in 1996. As of the third quarter of 2015, its six Asian operations generated more than 50 percent of the group’s total revenues, while Norway and rest of Europe resulted about 20 percent each. Moreover, it added more than 170 million subscribers in the past decade.