Business

GP earns Tk 3,621 cr in revenue in Q3


Published : 22 Oct 2021 09:52 PM

Grameenphone Ltd. reported total revenues of BDT 3,621 crores for the third quarter of 2021, registering a 1.8% growth from the same period last year. Having acquired 16 lac new subscribers, the operator ended the period with 8.36 crore subscribers, a 7.7% year over year growth. 4.61crore subscribers, or 55.1% of total subscribers, are using internet services. 

“Grameenphone remains committed to meeting customers’ demand for high-speed internet connectivity and improving customer experience, continuing with network rollout and spectrum deployment in the third quarter. In addition, our drive on market execution and providing tailored offers to our customers resulted in more subscribers choosing Grameenphone as their preferred network. We added 24lac Mn data users to our network, registering a 9.7% YoY growth in data users.” said Yasir Azman, CEO of Grameenphone Ltd. 

He said “Continuing our efforts towards empowering societies, we are constantly transforming ourselves to meet the rising demand for advanced mobile services and high-quality network experience in the country.” 

“The beginning of the third quarter was negatively impacted by the stricter lockdown, but as the rates of COVID-19 started to decline, many restrictions were also eased. Despite this, we continued our network operations with our partners, which remains a key factor behind our continued growth momentum.” said Jens Becker, CFO of Grameenphone Ltd.