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Wireless

Banglalink's Q1 revenue drops 1.6% affected by COVID pandemic

Wednesday 5 May 2021 | 08:24 CET | News
Veon's Bangladeshi unit Banglalink saw its total operating revenue decrease by 1.5 percent in USD terms and by 1.6 percent in local currency terms year-on-year. Banglalink's first-quarter revenues amounted to USD 135 million or BDT 11.4 billion. The decline was mainly due to heavy price competition, however this impact was neutralized by an increase in data revenues and usage shift to data services, parent company Veon reported.

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Categories: Mobile & Wireless
Companies: Banglalink / Veon
Countries: Bangladesh
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