Banglalink's revenue sees 3.7% growth in 2019 | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
July 10, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JULY 10, 2025
Banglalink's revenue sees 3.7% growth in 2019

Telecom

TBS Report
15 February, 2020, 10:10 pm
Last modified: 15 February, 2020, 10:14 pm

Related News

  • NBR chairman asks customs officials to speed up clearance of imported goods
  • NBR reform aims at boosting revenue collection upholding fiscal discipline: Finance ministry
  • bKash rewards highest banglalink rechargers with exciting prizes
  • Benapole port: Revenue exceeds target by Tk316cr while imports decline
  • Container congestion eases at Ctg Port, full recovery expected within a week

Banglalink's revenue sees 3.7% growth in 2019

Its customer base grew by 4 percent year-on-year while data customers increased by 9.7 percent

TBS Report
15 February, 2020, 10:10 pm
Last modified: 15 February, 2020, 10:14 pm
Banglalink's revenue sees 3.7% growth in 2019

Banglalink has witnessed 3.7 percent total revenue growth supported by 26.8 percent data revenue growth in 2019. 

This was revealed in a financial statement of VEON – the parent company of Banglalink, published on Saturday. 

Banglalink posted Tk4,530 crore in total revenue last year, compared to Tk4,370 crore in 2018. The company also posted Tk1,880 crore in earnings before interest, taxes, depreciation and amortisation, a 22.3 percent growth from 2018. 

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Banglalink has also reported good results in the fourth quarter of last year and continued to deliver year-on-year service revenue growth for the fifth consecutive quarter in a growing market. 

The company's total revenue in the fourth quarter of last year was Tk1,110 crore, compared to Tk1,100 crore in the corresponding period of 2018. This is a year-on-year growth of 1.2 percent. 

Banglalink achieved this goal despite intense competition in the market and a challenging regulatory environment. The company continued to focus on acquiring customers in the fourth quarter of 2019. 

Its customer base grew by 4 percent year-on-year, while data customers increased by 9.7 percent as a result of simplified product offers and improved network availability.

In a statement, Banglalink Chief Executive Officer Erik Aas said, "Banglalink's growth is reflective of the significant turnaround we made in 2019 as an active digital player in the market, by expanding our 4G network and enhancing our service quality. 

"Throughout the year, we remained focused on ensuring improved digital experience for our customers through introducing innovative digital products and bringing more digital platforms."

Erik added that the telecom company is confident of keeping the momentum going and expecting that its endeavours to provide customers with quality services will be supported by a few crucial regulatory moves, such as the required measures according to Significant Market Power directives and the proper implementation of Tower Sharing Licensing Guidelines.

Corporates / Top News

Banglalink / revenue

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image. Photo: Syed Zakir Hossain/TBS
    Explainer: Why SSC pass rate hit a 17-year low
  • Council of Advisers' meeting on Thursday (10 July). Photo: CA Press Wing
    Govt cancels 'Sir' address directive from Hasina's rule
  • Sri Lanka cruise to seven-wicket win over Bangladesh in first T20I
    Sri Lanka cruise to seven-wicket win over Bangladesh in first T20I

MOST VIEWED

  • Graphics: TBS
    BB raises startup fund limit, drops upper age barrier
  • Workers pack undergarments at the packing section of a garment factory in Ashulia, on the outskirts of Dhaka, Bangladesh, April 19, 2025. Photo: REUTERS/Fatima Tuj Johora
    After US tariffs, jobs hang by a thread in Bangladesh's garments sector
  • Photo: Mohammad Minhaj Uddin/TBS
    SSC, equivalent results: Pass rate drops to 68.45%, GPA-5 also declines
  • File photo of containers at Chattogram port/TBS
    US buyers push Bangladeshi exporters to share extra tariff costs
  • Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
    Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
  • Students sit for SSC exam at Motijheel Girls' High School on 10 April 2025. Photo: Mehedi Hasan/TBS
    SSC exam results out: Here's how you can check online and via SMS

Related News

  • NBR chairman asks customs officials to speed up clearance of imported goods
  • NBR reform aims at boosting revenue collection upholding fiscal discipline: Finance ministry
  • bKash rewards highest banglalink rechargers with exciting prizes
  • Benapole port: Revenue exceeds target by Tk316cr while imports decline
  • Container congestion eases at Ctg Port, full recovery expected within a week

Features

Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

2h | The Big Picture
Illustration: TBS

Behind closed doors: Why women in Bangladesh stay in abusive marriages

5h | Panorama
Purbachl’s 144-acre Sal forest is an essential part of the area’s biodiversity. Within it, 128 species of plants and 74 species of animals — many of them endangered — have been identified. Photo: Syed Zakir Hossain/TBS

A forest saved: Inside the restoration of Purbachal's last Sal grove

5h | Panorama
Women are forced to fish in saline waters every day, risking their health to provide for their families. Photo: TBS

How Mongla’s women are bearing the brunt of rising salinity

1d | Panorama

More Videos from TBS

'Hypocrisy' will not continue, Iran tells IAEA

'Hypocrisy' will not continue, Iran tells IAEA

1h | TBS World
OpenAI to release web browser in challenge to Google Chrome

OpenAI to release web browser in challenge to Google Chrome

1h | TBS World
Will the title 'Honorable and Excellency' be abolished?

Will the title 'Honorable and Excellency' be abolished?

2h | TBS Today
July Declaration must be constitutionally recognized: Akhtar Hossain

July Declaration must be constitutionally recognized: Akhtar Hossain

1h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net