Mobile phone penetration in Montenegro climbs to 205.2% in August.

By bne IntelliNews September 27, 2011
Mobile phone penetration in Montenegro climbed to 205.2% in August, up from 194.49% in July , the latest figures of the telecommunications agency reveal. The total number of subscribers reached 1,272,365, down 1.5% y/y, which translated into an annual drop of 3.08pps in the penetration rate. In monthly terms the number of subscribers added 5.5%. The leading operator Telenor (former ProMonte, owned by the Norwegian Telenor) recorded a 6% y/y drop in its clients to 499,183 and slightly decreased its market share to 39.2% from 41.1% a year earlier. Its main rival T-Mobile (subsidiary of the fixed-line Crnogorski Telekom) booked second for the year annual expansion of customers by 1.7% to 440,163. Its market share rose marginally to 34.6% from 33.8% in July and by 1.08pps compared to August 2010. The clients of the newest player on the market, M:TEL, rose by 1.6% y/y, decelerating from 2.6% y/y in July and its market share stood at 26.2%. The Serbian-Bosnian telecom had 333,019 subscribers at the end of August.
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