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Banglalink posts 6pc growth


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 ind
ustry

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

percent.

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.

Source: Bangladesh Sangbad Sangstha