Grameenphone revenues advance almost 10% in Q2

Tuesday 22 July 2014 | 15:33 CET | News
Bangladeshi mobile operator Grameenphone reported results for the second quarter showing revenues up 9.5 percent from the year before to BDT 26.2 billion. Service revenue grew by 8.1 percent while devices and other revenue went higher by `49.6 percent. Profit after tax (PAT) amounted to BDT 5.4 billion, with earnings per share at BDT 4.03, boosted by a change in corporate tax regulations. EBITDA improved by 14.9 percent to BDT 14.1 million, with the margin at 53.9 percent, compared to 561.4 percent the year earlier. During the quarter, Grameenphone estimates it acquired 1.65 million new

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.


Already registered?

Categories: Mobile & Wireless
Companies: GrameenPhone
Countries: Bangladesh
::: add a comment

Add comment

Please login or register to leave a 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.


Grameenphone adds 500,000 subscribers in Q1

Published 06 May 2015 13:29 CET | Bangladesh
Bangladeshi mobile operator Grameenphone, a Telenor Group subsidiary, reported revenues of BDT 25.2 billion for the first quarter ...

Grameenphone revenue grows 6.3% in 2014

Published 10 Feb 2015 05:29 CET | Bangladesh
Bangladeshi mobile operator Grameenphone reached revenues of BDT 102.7 billion in 2014, which represents an increase of 6.3 ...

Grameenphone revenue growth slows in Q3

Published 29 Oct 2014 10:23 CET | Bangladesh
Grameenphone reported revenue of BDT 76.74 billion for the first nine months of 2014, up 6.1 percent from the same period last ...

Telenor improves FY margin outlook

Published 23 Jul 2014 09:13 CET | Scandinavia
Telenor improved its full year outlook, saying it now expects a higher EBITDA margin this year. In the second quarter, the margin ...

Bangladesh plans to release 450 MHz spectrum after 2015

Published 14 Jul 2014 12:11 CET | Bangladesh
The Bangladesh Telecommunication Regulatory Commission (BTRC) plans to allocate the 450 MHz spectrum band to mobile operators ...

Uninor appoints Grameenphone's Mohammad as COO

Published 03 Jul 2014 08:32 CET | India
Indian mobile operator Uninor has appointed Tanveer Mohammad as its chief operating officer. Mohammad currently serves as CTO of ...

Bangladesh tops 116 mln mobile phone subscribers

Published 26 Jun 2014 12:47 CET | Bangladesh
Bangladesh has reached 116.24 million mobile phone users topped at the end of May, up from 113.7 million at 31 December 2013. ...

Grameenphone raises SIM price on new taxes

Published 18 Jun 2014 16:26 CET | Bangladesh
Grameenphone has decided to increase the price of SIM cards, as a direct consequence of a proposed tax on SIM replacement in the ...

Grameenphone launches low-cost internet phone

Published 07 May 2014 17:31 CET | Bangladesh
Grameenphone launched an internet-enabled mobile handset with price tag of BDT 1,490. The Symphony D51i handset comes with a free ...

Grameenphone revenues up 6.1%, EBITDA grows 20%

Published 07 May 2014 12:44 CET | Bangladesh
Bangladeshi mobile operator Grameenphone reported net profit of BDT 5.2 billion for the first quarter of 2014, up from BDT 4.5 ...