19 May 2024, 20:07

Banglalink posts 6pc growth

DHAKA, May 19, 2024 (BSS) - Banglalink continues to drive its growth in both
revenue and subscriber numbers during the first quarter (Q1) in this year.
Total revenue in Q1 surged by six percent Year on Year (YoY) to Taka 1,544
crore, as reported by Banglalink's parent company VEON, said a media
statement of the operator today.
Banglalink attributed the overall subscriber growth, particularly in 4G
subscribers, for this growth which fueled by its superior network speed,
expanding coverage, and innovative digital service.
Chief Executive Officer of Banglalink Erik Aas said: "Banglalink's
subscribers trust the country's fastest 4G network, as evidenced by the
growth in our subscriber base and revenue."
According to the latest subscriber numbers released by the Bangladesh
Telecommunication Regulatory Commission (BTRC), Banglalink's total subscriber
count reached 4.44 crore in March 2024, up from 4.1 crore in 2023, marking a
jump of more than three percent.
Notably, Banglalink has seen the highest subscriber growth in the industry
over the past year.
VEON's report revealed that Banglalink now boasts nearly 2.2 crore 4G users,
up from 1.7 crore in 2023, reflecting a remarkable increase of more than 23
Erik Aas credited this success for engaging customers every minute of the
day, as well as investments in expanding network coverage and capacity to
ensure higher service quality in line with the Smart Bangladesh Vision 2041.
"Digital adoption is on the rise in Bangladesh, and we remain optimistic
about further industry growth in the coming period," he added.

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