GP experiences revenue hike in 2nd quarter of 2017

Grameenphone Ltd ended the second quarter of 2017 with 61.6 million active subscribers, registering a 2.9% growth from first quarter of the year, reports UNB.

With 27.0 million data subscribers, 43.9% of total subscribers are using Grameenphone internet services.

Grameenphone Ltd reported revenue of BDT 32.4 billion for the second quarter of 2017, up 5.8% from the first quarter.

"Industry was very competitive during quarter, especially in the subscriber acquisition front. Amidst this environment we were able to deliver a healthy growth both in data and voice segments", said Michael Patrick Foley, CEO of Grameenphone Ltd.

 

GP experiences revenue hike in 2nd quarter of 2017

Grameenphone Ltd ended the second quarter of 2017 with 61.6 million active subscribers, registering a 2.9% growth from first quarter of the year, reports UNB. With 27.0 million data subscribers, 43.9% of total subscribers are using Grameenphone internet services. Grameenphone Ltd reported revenue of BDT 32.4 billion for the second quarter of 2017, up 5.8% from the first quarter. Industry was very competitive during quarter, especially in the subscriber acquisition front. Amidst this environment we were able to deliver a healthy growth both in data and voice segments, said Michael Patrick Foley, CEO of Grameenphone Ltd.