Photo: Collected
Banglalink continues to drive its growth in both revenue and subscriber numbers during the first quarter (Q1) of this year.
Its total revenue in Q1 surged by six per cent Year on Year (YoY) to Tk 1,544 crore, as reported by Banglalink's parent company VEON, said a media statement of the operator on Sunday.
Banglalink attributed the overall subscriber growth, particularly in 4G subscribers, for this growth which fuelled 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 per cent.
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 per cent.
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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