Telecommunications companies operating in Montenegro have announced plans to invest in new services and further expansion of internet networks, according to a newsflash in bne IntelliNews, quoting the head of directorate for electronic communications at the information society ministry Ratka Strugar. Strugar did not elaborate but suggested that a fourth company might enter the market this year.
According to the latest available data, the mobile phone penetration in Montenegro fell to 168.6% at end-November from 176.4% a month earlier. The total number of subscribers edged up 0.18% y/y to 1.045mn. Norway's Telenor, Montenegro's leading operator, had a market share of 38.08% at the end of November 2014, followed by T-Mobile (part of Crnogorski Telekom), with a market share of 33.56% and m:tel with a 28.36% share.