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Wireless

Grameenphone's Q4 revenue grows 8%

Tuesday 30 January 2018 | 14:30 CET | News
Bangladeshi mobile operator Grameenphone saw its revenue increase by 8 percent year-on-year to BDT 32.2 billion in the fourth quarter of 2017. Subscription and traffic revenue (excluding interconnection) rose 12.4 percent year-on-year, while data revenue jumped 29.1 percent in the period, and voice revenue growth continued with 9.2 percent year-on-year. Net profit after tax for the quarter reached BDT 6 billion, with profitability margin of 18.5 percent. The quarter reported a net negative one-off adjustment of BDT 2.0 billion. Normalized Net profit after tax growth was 32.6 percent.

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Categories: Mobile & Wireless
Companies: GrameenPhone
Countries: Bangladesh
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