Banglalink’s Q2 revenue grows - News Summed Up

Banglalink’s Q2 revenue grows


As we transform ourselves into a digital organisation, we are confident we can offer improved digital services to our customers.” The increase in revenue was mainly driven by continued increases in voice revenue, primarily as a result of traffic growth, coupled with a 60% increase in data revenue, according to a press release of the mobile phone operator. “This data revenue growth was driven by 6% growth in data users and 178% growth in data usage, supported by expanding 3G coverage and smart-phone penetration.”Despite aggressive price competition, Banglalink’s ARPU(Average revenue per user) increased 5% mainly on the back of growing voice and data traffic. Banglalink, which has over 30 million subscribers, yesterday announced its results for the second quarter of 2016. Banglalink Chief Executive Officer (CEO) Erik Aas said: “We are encouraged to see the response from our customers to the digital services we are offering, which has been instrumental in achieving our second quarter 2016 results.


Source: Dhaka Tribune August 04, 2016 19:41 UTC



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