GP witnesses robust performance in 2015 after challenging start

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Economic Reporter :
Cellular phone operator Grameenphone registered BDT 104.8 billion as revenue for 2015, which is 2 per cent more than the previous year buoyed by health data and VAS growth.
Subscription and traffic revenue (excluding inter-connection) grew by 2.4 per cent along with 3.5 per cent growth in device and other revenues.
Besides, data revenue growth of 66 per cent while VAS growth of 31 per cent are the main contributors for the revenue, according to the financial statement released by the operator today at a press conference in a city hotel, said a press release today.
“Data went on to be the primary growth driver, while voice was under stress from competitive offers”, said Rajeev Sethi, CEO of Grameenphone.
“Going forward, we have set out an ambition of growth and value creation by taking the position as our customers’ favorite partner in digital life,” he added.
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