Robi will offload 52.4 crore shares, which is about 10 per cent of its stakes, in lots of 500. Also Read: Investors line up for Robi's record-setting IPORobi Axiata is a joint venture between Malaysia’s Axiata Group and India’s Bharti Airtel. Also Read: Robi's CEO can't sell his shares for three years“We hope Robi’s profit will grow soon due to the company’s future plan being very smart,” he added. It has spectrum of 9MHz in the 900 MHz band, 17.4 MHz in 1800 MHz band, and 10 MHz in 2100 MHz band. As the growth of the industry will be primarily driven by data, Robi’s subscribers, who are prone to higher data usage, may generate a much higher value in the future,” said the Brac-EPL study.

Source: Dhaka Tribune November 21, 2020 19:18 UTC