Robi incurs loss Tk 444m for 4.5G network

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Business Desk :
The leading digital service provider of the country, Robi, has created by far the largest 4.5G network of the country with 7,000 4.5G sites, covering 532 out of 544 thanas of the country, says a media release.
This means that two out of every three citizens of the country now have access to Robi’s 4.5G network.
On the back of this impressive achievement, the company released its financial results for the second quarter (April-June) of 2018.
Having launched 4.5G network in all the 64 districts, Robi had on-aired 6,100 4.5G sites by the end of second quarter of 2018. By that time, Robi’s subscriber base reached 44.7 million, representing 29.6 percent subscriber market share.
Compared to the second quarter of the last year, the company witnessed overall service revenue growth of 6.6 percent in the second quarter of this year-driven by encouraging growth of 30 percent (YoY) in data revenue; although, the company’s voice revenue declined by 4.2 percent. Having the largest 4.5G subscriber base also helped the company stimulate growth in data revenue.
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