Banglalink’s revenue grows over 12pc in 2022

Business Report :
Banglalink registered a double-digit growth rate in its revenue in 2022 driven by increased investment in 4G network, expanding coverage and enhancing network speed.
Revenue rose 12.1 per cent year-on-year to Tk 5,374 crore, according to the 2022 earnings report published by the telecom operator’s parent company, VEON Ltd, recently.
This was the third double-digit growth in consecutive quarters.
The operator’s annual service revenue grew 12.3 per cent last year while data revenue surged 26.6 per cent.
The innovative and improved digital services also expanded the customer base last year, said Banglalink Chief Executive Officer Erik Aas while sharing the earnings report during a press conference at the corporate office of the operator in Dhaka on Monday.