Robi revenue, profit go up in Q1

Robi Axiata Ltd has achieved a strong growth in revenue and profitability in the first quarter (Q1) of the current year after recovering from revenue fall, EBITDA (earnings before interest tax, depreciation and amortisation) and PAT (Profit After Tax) in Q4, 2013. The telecom company announced the financial results at a press briefing at a city hotel on Wednesday. It witnessed double digit growth in EBITDA and PAT resulting from revenue increase and disciplined cost management in the QI, 2014 despite heavy investment towards 2G network capacity enhancements and 3.5G-rollout. Data usage recorded a significant growth in line with Robi 3.5G network expansion, though voice continued to dominate revenue growth, according to a news agency.