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Monday, August 10, 2020

Banglalink has increased its income from internet

In the second quarter of this year, the revenue from internet data has increased by 30.3 percent as compared to the same quarter last year.


 Banglalink, a digital service provider, said this in a virtual press conference on Monday about their business results in the second quarter.


 Banglalink CEO Eric Oss said, “In the second quarter of this year, Banglalink's revenue from data increased by 30.3% compared to the same quarter last year.  Banglalink's ongoing investment in the Forge network has been particularly instrumental in this growth.


 "Due to this developed and expanded network across the country, the number of data users and data usage of Banglalink has also increased by 3.3 percent and 69.2 percent respectively as compared to the same period last year."


 During the coronavirus epidemic, people's internet use has also increased in Bangladesh under house arrest.


 It was informed at the press conference that the total revenue of Banglalink in the second quarter of last year was 11.5 billion rupees, which is 11.1 billion rupees in the second quarter of this year.


 In other words, the total revenue has decreased.



 In the second quarter of last year, the revenue from internet data was 2.3 billion rupees, which is 2.9 billion rupees in the second quarter of this year.


 Besides, in the second quarter of this year, out of 32.1 million subscribers of Banglalink, 21.6 million subscribers are using data, which is 3.3 percent more than the same period last year.


 Data usage per customer in the second quarter of last year was 1,250 Mbps, which stood at 2,240 Mbps at the same time this year.  As a result, data usage has increased by 69.2 percent.


 Eric Oss is hopeful that positive business results will continue despite the many challenges posed by the epidemic.


 "As a result of the overall impact of the coronavirus epidemic on the telecom sector, Banglalink's total revenue and subscriber base declined in the second quarter.  However, at this time, Banglalink has been able to increase the number of data users and revenue from data at a significant rate. ”


 Eric Oss said, "We have had to do more to continue customer service in the face of the challenges posed by epidemics, cyclones and floods. We have implemented the 'Home Office' model to ensure employee safety and customer service uninterrupted.  We are really inspired to see.


 “The results of our digital services are very promising.  As a result of our efforts, Banglalink Okla has been recognized as the fastest mobile network in the country in the first and second quarters of the year.  The award is the result of our other technological advances, including the extensive Four-G network and more spectrum per customer. ”


 At the press conference, Eric Os highlighted the initiatives taken by Banglalink during the epidemic.  Notable among these initiatives are the launch of the free Corona hotline number, the provision of e-learning through the 'Teach It' platform, the organization of virtual internships and seminars for university students and the distribution of relief to Corona victims with the help of Bangladesh Army Welfare Organization and Bangladesh Army.


 Eric Os thanked the Telecommunications Regulatory Commission (BTRC) for implementing the Significant Market Power Guideline (SMP).  He said the initiative was an important step in creating fair competition in the telecom sector.


Banglalink's Chief Corporate and Regulatory Affairs Officer Taimur Rahman, Chief Financial Officer Jem Velipasaoglu, Sales and Distribution Officer Jubaid-ul-Islam and other members of the company's board of directors were present at the virtual press conference.

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