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Telenor Pakistan’s Revenue Decrease by 11%
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42 day ago (10 Aug 2020, 15:01)
Telenor Pakistan’s Revenue Decrease by 11%
Telenor Pakistan shared its interim report suggesting an 11pc decrease in subscriptions and traffic revenues for the second quarter of 2020 due to the Covid-19 outbreak that impacts the pre-paid sale as well.
The quarterly revenues of Telenor Pakistan stood at Rs24.2 billion, while last year during the same period, the company’s revenues were Rs26.2 billion. This shows a negative impact came due to lockdowns that affected sales and lower Average Revenue per User (ARPUs) as well. Compared to the same period last year, ARPU declined 13pc, from Rs195 to Rs170 per user month.
Gross subscriber intake declined significantly in April and May, leading to a loss of 1.4 million subscribers in the quarter. The mobile customer base closed at 45.1 million, which is 3% higher than last year.

The report says that the EBITDA decreased by 1pc, as OPEX reductions due to lower market activity and stringent cost control were not sufficient to fully offset the revenue decline. Non-recurring items this quart ...
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