Telenor a Norway based company in Pakistan is working greatly with ranked 2nd in all five telecom operators. Telenor always face cruel conditions in Pakistan whether it is the retaliation of some campaign or any other thing but it is committed to serve its consumers from anyway.
Pakistan is an under developed country and most of its population don’t have formal banking accounts especially the people who are living in rural areas of country. Telenor in 2008 launched Easypaisa that is branchless and informal banking with the collaboration of Tameer Micro finance Bank.
Telenor is a Norway based company and it is the sixth largest cell phone operator of the world with having 203 million subscribers. Telenor is having its setup in almost 13 countries worldwide. It also provides broadband and TV services to its subscribers but it varies from country to country according to technology.
Today we are going to discuss a very serious issue and it should be resolved. Few days back one of the leading telecom and technology blog of Pakistan named as Propakistani has made allegations over Telenor’s Easypaisa.
EasyPaisa is a project started by Telenor Pakistan for providing mobile banking services to the people of Pakistan. In very short time easypaisa has gained much value in Pakistan. The function of easypaisa is done by Tameer microfinance bank, it has got approval from State bank of Pakistan in 2005.
“The Telenor Group started 2011 with 7% organic revenue growth and healthy margins. We achieved an operating cash flow of NOK 5 billion, while most of the operations are going through significant network modernisation. Our mobile operations are continuing the strong subscriber growth seen in the last part of 2010, adding 9 million subscribers during the first quarter this year.