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26.11.2021

ONE Telecommunications Strengthens the market position

The mobile operators’ market is changing by increasing competitiveness. Based on data from the Electronic and Postal Communications Authority (AKEP), it results that One Telecommunication is growing significantly, reaching 41% of the market, from 37% at the end of 2020. In other words, at the end of the September, ONE counted 1.1 million subscribers.

The latest data from AKEP show that the total number of subscribers (sim cards) has increased by 15.1% from year to year and 8.6% compared to the last 3 months.

The number of active mobile phone users for ONE has increased by 31.5% from year to year, and from the last 3 months it has increased by 20.1%.

Internet usage for the entire industry has increased by 96% year on year and 24.2% from the last 3 months.

The change of ownership over ONE company two years ago seems to have given a boost to competition in the mobile market. This was also shown in the announced financial results where ONE was the only operator that managed to improve its financial result. For 2020, the company reported a profit of ALL 820 million, from ALL 285 million profit that had been achieved for 2019.