GP reports 8pc revenue growth in 6 months

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bdnews24.com :
Telecom operator Grameenphone has reported a revenue of Tk 51.1 billion for the first half of 2014, up 7.8 percent from the same period last year.
Net profits have also gone up in this period. “It was a successful quarter,” Grameenphone CEO Vivek Sood said on Tuesday at a press conference at Ruposhi Bangla Hotel in Dhaka as he announced the numbers.
In these six months, GP acquired 2.1 million new subscribers, taking the total subscription base to 49.23 million.
It is about 42.1 percent of the market share, the company said in a media statement.
However, Sood alleged some operators were running VoIP services through their SIMs, which was putting the industry in “serious challenge”.
“I am delighted to inform our honourable shareholders that GP managed another growth quarter as indicated last time, giving the first half a solid base to finish 2014 with a healthy performance,” Sood said at the press conference.

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