0
Wireless

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

Tuesday 5 November 2019 | 09:35 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
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

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Banglalink / Veon
Countries: Bangladesh
::: add a comment
This article is part of dossier

LTE


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Veon acquires stake in Bangladesh commerce platform ShopUp

Published 20 Oct 2020 10:15 CET | Bangladesh
Veon, through its Veon Ventures unit, has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, a full-stack ...

Banglalink revenues grows 1.2% in Q4 boosted by mobile data usage

Published 14 Feb 2020 13:48 CET | Bangladesh
Bangladeshi mobile operator Banglalink saw its revenues for the fourth quarter rise 1.2 percent year-on-year to BDT 11.1 billion, ...

Jazz Q3 revenue drops 7% affected by tax ruling

Published 05 Nov 2019 08:40 CET | Pakistan
Pakistani operator Jazz saw its revenue for the third quarter decline 7 percent from the year before to PKR 45.4 billion, ...

Bangladesh adds 835,000 mobile phone subscribers in September

Published 04 Nov 2019 23:06 CET | Bangladesh
Bangladesh ended August with 163.41 million mobile phone subscribers, up from 162.58 million in August, according to data from ...

Veon revenues fall in Q3 on weak Russian market, Pakistan court ruling

Published 04 Nov 2019 08:53 CET | World
Veon reported a drop in revenues for the third quarter, hurt by drop in customers in its largest market Russia and a negative tax ...

Banglalink expands 4G network to 400 locations

Published 21 Oct 2019 11:53 CET | Bangladesh
Bangladeshi operator Banglalink reports it has upgraded nearly 1,000 sites to 4G. The operator has also expanded its 4G network ...

Bangladesh adds 470,000 mobile phone subscribers in August

Published 17 Sep 2019 10:51 CET | Bangladesh
Bangladesh ended August with 162.58 million mobile phone subscribers, up from 162.11 million at end-July, according to data from ...

Banglalink opens new flagship customer centre in Dhaka's Gulshan neighbourhood

Published 29 Aug 2019 12:00 CET | Bangladesh
Bangladeshi operator Banglalink has opened a new flagship customer centre in the neighbourhood of Gulshan in Dhaka. The centre ...

Banglalink launches digital health service platform 'Daktarbhai'

Published 23 Aug 2019 11:36 CET | Bangladesh
Banglalink launched 'Daktarbhai', a digital health service platform that provides useful health and medical information and ...

Banglalink to provide products, services for Meghna Bank officials

Published 14 Aug 2019 12:01 CET | Bangladesh
Bangladeshi operator Banglalink has signed a partnership agreement with Meghna Bank. Under the terms of the deal, officials of ...





Calendar   /   Industry Events

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
::: More Calendar Items