Tech and Teen
  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog
  • Technology
  • Business
  • Sports
  • Entertainments

Tech and Teen

  • Technology
  • Teen
  • Entertainment
  • Sports
  • Politics
  • Business
  • World
  • Multimedia
  • IT HOT
  • Blog

Grameenphone Ltd. reported total revenues of BDT 7,421.8 crore for first six months of 2022

by Tech and Teen July 26, 2022July 20, 2022
written by Tech and Teen July 26, 2022July 20, 2022
Grameenphone Ltd. reported total revenues of BDT  7,421.8 crore for first six months of 2022

Grameenphone Ltd. reported total revenues of BDT 74.2 billion (7,421.8 crore) for first six months of 2022, registering a growth of 5.2% from the same period last year. In the second quarter, the Company acquired 0.9 Mn new subscribers, reaching 84.6 Mn total subscribers at the end of the first half. 54.6% of Grameenphone’s total subscribers, or 46.2 Mn, are using internet services, growing by 5.7% from the same period last year.
“The second quarter of 2022 was a challenging period for Bangladesh, as the northern regions were hit by the highest rainfall in over a century, leading to devastating floods impacting the livelihoods of millions of people. In partnership with the Bangladesh Red Crescent Society (BDRCS), we supported impacted communities by activating medical camps offering free consultancy and medication, while also working together to provide relief packs for affected families. The impact from the pandemic remained steady during the quarter with low number of COVID-19 cases, leading to continued economic recovery.” said Yasir Azman, CEO of Grameenphone Ltd.
“We continued to prioritize expanding our network and spectrum rollout, reaching over 18.4K 4G sites within the first half of 2022. Driven by enhanced network experience and innovative products, our subscribers grew by 3.2% YoY to 84.6 Mn while 4G users grew by 32.7% from last year, reaching 31.5 Mn. Grameenphone has been continuously focusing on innovation, network modernization and implementation of up-to-date technology and acquired the maximum allowable spectrum to improve service quality further. With this investment, we will be much better positioned to strengthen the quality of service, contribute to Bangladesh’s digitalization and meet the growing needs for high-speed internet in urban and rural areas.”
“Topline improvement continued as we wrap up the first half of 2022 supported by growth in revenue and EBITDA. Total revenues registered a growth of 5.2%, reaching BDT 74.2 Bn (7,421.8 crore) for the first six months. In the first half, subscription and traffic revenues grew by 5.6% from last year. The data segment continued as key driver behind our performance, with a 5.7% growth in data users and 52.9% growth in data usage. Contribution from bundles grew by ~100% from last year.” said Jens Becker, CFO of Grameenphone Ltd. “In the first half, EBITDA grew by 3.0% YoY driven by topline growth, with a 61.1% EBTIDA margin. Net Profit After Tax improved to BDT 17.3 Bn (1,730.5 crore), with a margin of 23.3%. We are pleased to announce that the Board of Directors have recommended an interim dividend of BDT 12.50 per share for our honorable shareholders at the board meeting held on 17 July 2021.”
During the second quarter of 2022, Grameenphone Ltd invested BDT 5.6 Bn (560.2 crore) for network coverage and expansion. At the end of the quarter, Grameenphone’s total number of sites stood at 19,439. The company has paid BDT 54.3 Bn (5,430 crore) equaling 73.1% of its total revenues, to the national exchequer in the form of taxes, VAT, duties, fees, 4G license and spectrum assignment during the first half of 2022.

Grameenphone
0 comment
0
FacebookTwitterGoogle +PinterestLinkedinWhatsapp
previous post
Banglalink observes ‘Customer Experience Week’
next post
OPPO Organizes Global Screen Protection Plan with Lucrative Service Offers in Bangladesh

related posts

Xiaomi Bangladesh Offers exciting cashback on Redmi Note...

October 23, 2018

OPPO A5 Pro Launches as Dual Certified, All-Round...

March 12, 2025

Huawei released Top 10 Trends of Digital Power

January 24, 2021

Inauguration of First Security Surveillance Manufacturing Plant in...

March 27, 2022

vivo V30 Lite in Star-Studded Event with Brand...

May 8, 2024

NUC PC in CSL

August 1, 2018

Keep Your Car Under Prohori’s Surveillance

February 9, 2019

Gov. makes new generation tech oriented: PM Sheikh...

July 30, 2018

Walton laptops exhibit at Notre Dame IT festival

November 27, 2018

Banglalink signs agreement with Ford

March 18, 2022

Banglalink announces free helicopter ride over Padma bridge

July 28, 2022

EO Bangladesh Hosts “AI in Action” Learning Workshop...

October 6, 2024

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • 5G-A and AI Fostering the Intelligent Connectivity

    June 27, 2025
  • Dr. Abdulla Receives Prestigious Doctorate Degree for Global PMO Leadership and Innovation

    June 26, 2025
  • Pepe Jeans Powers up in Jaipur with its Biggest Indian Store Yet

    May 15, 2025
  • Shafayat Alam takes helm as CEO of Nagad

    May 14, 2025

Popular Posts

  • 1

    Toffee Premiers Original Web Series ‘Roilo Baki Dosh’

  • 2

    Infinix Showcases AI-Driven Next-Gen Customization at MWC 2025

  • 3

    Which Technology of Water Filter is Good for Bangladesh?

  • 4

    Infinix leading another lifestyle with Note 50 series

  • 5

    tap brings payment facilities at Cantonment CSD

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018

Mobiles

  • realme launches C75x: The ultra-waterproof smartphone under Tk 18,000 in Bangladesh

  • TECNO launches CAMON 40 Series with FlashSnap & IP68 & IP69 Waterproof technology

  • Infinix leading another lifestyle with Note 50 series

  • Stylish HONOR X8c to hit Bangladesh market soon with 512GB Massive Storage

  • vivo V50 Lite Launches in Bangladesh with Tahsan at Grand Event

Popular Posts

  • 1

    Shafayat Alam takes helm as CEO of Nagad

  • 2

    Prime Bank PLC. Partners with Toyota-Navana Limited

  • 3

    tap brings payment facilities at Cantonment CSD

  • 4

    Prime Bank & bKash Enter into Payroll Agreement

  • 5

    bKash users can now Send Money to non-bKash users


Tech and Teen is proudly powered by WordPress