Pannon reports third quarter results

26 Oct 2007

Hungarian cellco Pannon, owned by Norway’s Telenor Group, has posted third quarter results showing year-on-year EBITDA improved 5.4% to HUF20.7 billion (USD11.8 million), on the back of slightly reduced turnover, down 1.3% to HUF48.9 billion. Subscriber monthly ARPU decreased by 8% y-o-y to HUF4,729 in the three months to 30 September, while subscriber numbers themselves increased to 3.22 million, from 2.98 million twelve months ago. According to TeleGeography’s GlobalComms database, Pannon was Hungary’s second-placed cellco by subscribers at the end of June this year with a 32.3% market share, behind T-Mobile Hungary (45.7%) but ahead of Vodafone Hungary (22%).

Hungary,Telenor Hungary,



Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.