Banglalink's Q3 revenues rise nearly 4% on 26% mobile data business growth

Tuesday 5 November 2019 | 09:35 CET | News
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Bangladeshi mobile operator Banglalink saw its revenues for the third quarter rise 3.8 percent from the year earlier to BDT 11.4 billion, with mobile service revenue growing 5.2 percent to 11.2 billion, including 2.3 billion of revenue from mobile data, representing a 26.4 percent jump year-on-year. EBITDA climbed more than 18 percent to BDT 4.7 billion, with the EBITDA margin advancing to 40.9 percent from 35.9 percent, as higher revenue was largely offset by the increase in the minimum tax rate. Excluding the negative impact as a result of changes in the tax regime EBITDA would have

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