Grameenphone revenue growth slows in Q3

Wednesday 29 October 2014 | 10:23 CET | News
Grameenphone reported revenue of BDT 76.74 billion for the first nine months of 2014, up 6.1 percent from the same period last year. Service revenue grew by 5.8 percent year-on-year, and the Bangladesh mobile operator recorded 13.2 percent annual growth in device and other revenues. In Q3, growth was subdued, managing 2.4 percent from last year. The nine-month growth was accredited to increased voice, data, SMS and content services, said Vivek Sood, CEO of Grameenphone. Growth in interconnection revenue, higher device sales, wholesale and financial services also contributed, He said. However,

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Categories: Mobile & Wireless
Companies: GrameenPhone
Countries: Bangladesh
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