The Serbian unit of Norways mobile operator Telenor posted revenues of RSD 9.6bn (EUR 90mn) in Q4/2010, up by 14% y/y, the company said in a statement on its web site. The number of subscriptions increased by 23,000 to some 3mn and the company's market share was 35%. Strong revenue growth combined with a general reduction in expenses and improved efficiency have led to an increase in EBITDA margin by 3 percentage points, Telenor Serbias CFO Gabor Kocsis said. |
Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more
Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more
Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more