Telenor recently announced the earning report of first quarter 2017, Telenor increased 10% growth in revenue.
Telenor is the largest telecom network company in Pakistan, they provide the best telecom network services in Pakistan. They recently announced its earning report of first quarter of 2017. They also mentioned the company increased 10 percent revenue in the first quarter of 2017.
According to the company, Telenor also mentioned the revenues PKR 25.17 billion during the first quarter of 2017 and Rs. 22.92 billion last year revenue. They also added that the EBITDA increased by 25%. The revenue is 9% higher first quarter of 2017 than as compared to the last year the first quarter of 2016.
Telenor mentioned that they crossed more than 40 million customers during the first quarter 2017. But the postpait ARPUs decreased this year. They also added that the company decreased PKR 532 per user every month. Telenor company has around 471K postpaid customers.
Here are financial highlights from the reported quarter 2017 below: