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Wireless

Banglalink's Q1 revenue drops 8.4%, EBITDA down 23%

Thursday 2 August 2018 | 11:05 CET | News
Bangladeshi mobile operator Banglalink's total revenue declined by 8.4 percent year-on-year to BDT 10.9 billion in the second quarter of 2018. In Bangladesh, second-quarter results continue to be affected by intense competition, with a specific focus on customer acquisition, and also by costs related to the network expansion after the acquisition in the first quarter of 2018 of additional spectrum and a LTE licence, parent company Veon reported.

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