Banglalink doubles subscriber base
Friday, 14 March 2008
FE Report
Banglalink, the country's leading mobile phone operator, doubled its subscriber base during the year 2007.
The company disclosed this at a press conference held at a city hotel Wednesday.
Banglalink, a subsidiary of Orascom Telecom Holding (OTH), ended the year with almost 7.1 million customers, a rise of almost 116 per cent from 2006 when the number stood at around 3.3 million.
At the same time, the mobile phone operator doubled its revenue income compared to the previous year, as it rose from Tk 6.55 billion during 2006 to over Tk 13.40 billion during 2007.
"Banglalink ended the year 2007 with a 20.6 per cent market share while capturing the second position based on the numbers reported by Bang-ladesh Telecommunication Regulatory Commission (BTRC)", Chief Executive Officer (CEO) and Managing Director of the company Rashid Khan said.
"Throughout the year, the company had focused on investing heavily for enhancing service quality both in terms of network and customer service as it maintained its position as the fastest growing mobile operator in the country," he said further.
"An investment of over Tk 24.50 billion was made to enhance the network quality," Rashid informed.
"At the same time, almost 500 Banglalink service points were set up at the regional level to provide easy access of customers to necessary services," he added.
"Now the work has begun to expand our services to remote rural areas under the slogan of 'Return Home with Banglalink' and so far, we have received quite positive responses," he affirmed.
Commenting on the growth potential of the market, he said, "The market is expected to grow to over 50 million mobile connections by the end of 2008".
Later, he also dwelt on different exclusive services and packages offered by the company and highlighted different CSR activities of the organisation during the flood and cyclone Sidr that hit the country in 2007.
Banglalink, the country's leading mobile phone operator, doubled its subscriber base during the year 2007.
The company disclosed this at a press conference held at a city hotel Wednesday.
Banglalink, a subsidiary of Orascom Telecom Holding (OTH), ended the year with almost 7.1 million customers, a rise of almost 116 per cent from 2006 when the number stood at around 3.3 million.
At the same time, the mobile phone operator doubled its revenue income compared to the previous year, as it rose from Tk 6.55 billion during 2006 to over Tk 13.40 billion during 2007.
"Banglalink ended the year 2007 with a 20.6 per cent market share while capturing the second position based on the numbers reported by Bang-ladesh Telecommunication Regulatory Commission (BTRC)", Chief Executive Officer (CEO) and Managing Director of the company Rashid Khan said.
"Throughout the year, the company had focused on investing heavily for enhancing service quality both in terms of network and customer service as it maintained its position as the fastest growing mobile operator in the country," he said further.
"An investment of over Tk 24.50 billion was made to enhance the network quality," Rashid informed.
"At the same time, almost 500 Banglalink service points were set up at the regional level to provide easy access of customers to necessary services," he added.
"Now the work has begun to expand our services to remote rural areas under the slogan of 'Return Home with Banglalink' and so far, we have received quite positive responses," he affirmed.
Commenting on the growth potential of the market, he said, "The market is expected to grow to over 50 million mobile connections by the end of 2008".
Later, he also dwelt on different exclusive services and packages offered by the company and highlighted different CSR activities of the organisation during the flood and cyclone Sidr that hit the country in 2007.