Grameenphone reported revenue of Taka 31.2 billion for the first quarter of 2018, two percent growth from the same period last year. Data revenue grew by 23.9 percent along with voice revenue growth of 3.9 percent.
The company acquired 2.1 million new subscribers during the quarter, registering a 3.3 percent growth from end of 2017. The company also acquired 1.1 million internet users. With this, 47.8 percent of total subscribers are using Grameenphone internet services.
"We have a robust rollout and modernization plan to consolidate our superior position of network quality", Grameenphone CEO Michael Patrick Foley yesterday said in a media statement in releasing the quarterly business update. He added, "The quarter also marked healthy topline and subscriber growth amidst the ongoing competitive environment.
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