“We have over 1 million Hipernet users and our subscriber base is increasing – this type of customer feedback is the most important for us. Thanks to Telenor Próba, it is now easier and more affordable than ever to try our services without making long-term commitments. Also, customers can now purchase their smartphones and tablets in a more flexible and transparent way through our new instalment system. We will continue to do our best to empower our customers to explore our services and get the most out of the fastest 4G network in Hungary”, commented Christopher Laska, CEO of Telenor Hungary.

*  Revenue in Q1 2014 remained almost stable compared to the same period last year.

* Nominal EBITDA before other items decreased by HUF 0.6bn mainly driven by higher telecom taxes and higher handset costs, partly compensated by lower operating expenses. EBIT deteriorated in Q1 2014 compared to the previous year (-1.3bn decrease) driven by the EBITDA change and higher depreciation costs.

*  Capital expenditure – excluding licenses decreased by HUF 0.5bn driven by lower IT and non-core business related investments.

*  The number of subscriptions increased compared to Q1 2013 reaching a closing balance of 3,469 thousand with an increase in the share of postpaid subscriptions. Closing market share (of used cards) by the end of Q1 2014 was 31.36%. The number of mobile internet customers increased to 1,022 from 756,000 in Q1 2013 representing a 35% year-on-year growth.

* Blended ARPU is on last year’s level.



Visit Telenor online