Banglalink's data revenue grows by 30.3% in Q2 of 2020 - News Summed Up

Banglalink's data revenue grows by 30.3% in Q2 of 2020


CollectedThe mobile operator's total revenue in Q2 fell by 3.9% to Tk11.1 billion year on yearBanglalink, the third largest mobile operator in Bangladesh, has witnessed a sharp rise in data uses in the second quarter of 2020 amid the coronavirus pandemic. Data revenue of the telecom operator posted a 30.3% growth to Tk2.9 billion as it continued monetizing its investments in 4G capacity and focusing on selected digital services, according to a financial report of the company. Despite having sharp rise in data uses, the mobile operator's total revenue in Q2 of 2020 fell by 3.9% to Tk11.1 billion year on year, it said. As part of its increased focus in embracing digital services, Banglalink actively promoted the use of digital channels to facilitate top-ups, account management and the adoption of additional services, said the mobile operator. In line with the general industry trend resulting from coronavirus outbreak, Banglalink experienced decline in its customers' base and total revenue in Q2 though there were impressive growth in data customers' base and data revenue, it added.


Source: Dhaka Tribune August 10, 2020 07:41 UTC



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