Industry Updates

'SAMENA Daily' - News

GP gets healthy revenue, subscriber growth in past 9 months

Grameenphone Limited ended the third quarter of incumbent year with 71.4 million active subscribers, registering 11.8% YoY growth.

With 36.3 million data subscribers, 50.9% of the total subscribers on the GP network were using internet services, said a press release.

Grameenphone reported revenue of BDT 98.1 billion for the first nine months of 2018, up 1.9% from the same period last year.

“The third quarter of 2018 saw the implementation of many directives, most notably the VAT reduction on data and uniform floor tariff,” said Michael Patrick Foley, CEO of Grameenphone Ltd.

He added “We crossed 3.8 million 4G subscribers with a little over half of our total subscribers using our internet services.”



Source: http://unb.com.bd/category/Tech/gp-gets-healthy-revenue-subscriber-growth-in-past-9-months/4878

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