Further to recent price cuts on roaming charges, incumbent cellco TELE Greenland is planning to reduce mobile broadband and ADSL tariffs for both retail and business subscribers, while simultaneously increasing download speeds. The development forms part of the company’s new strategy for 2014-2018, which focuses on the significant expansion of infrastructure, lower prices, higher speeds and better customer service’. Agner N. Mark, chairman of TELE’s board of directors, said: ‘We are launching a number of investments in the future, while [implementing] price reductions. Our goal is to increase the use of internet in Greenland.’
Meanwhile, TELE Greenland has reported a 9% decrease in its profits to DKK94.3 million (USD17.43 million) in 2013, down from DKK103.7 million in 2012. The negative development was attributed to ‘unforeseen repair costs of the submarine cable’, with the group’s managing board describing the performance as satisfactory.