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Bangladesh ended March with more than 174.6 million mobile phone subscribers, up from 173.3 million in February, revealed the Bangladesh Telecommunication Regulatory Commission (BTRC).
The telecom regulator disclosed the subscriber number considering the biometrically verified subscriptions who have any activity including voice, data, and SMS transactions at least once in the preceding 90 days.
MFS industry swells riding on low-income groups
Cash-out charge unchanged since 2011
Mobile financial services have gained immense popularity in Bangladesh, particularly among lower-income groups, but the charge to withdraw funds has remained almost unchanged since the inception of the digital platform in 2011.
As a result, most clients have to fork out Tk 18.50 to withdraw Tk 1,000 from their accounts. It was the same when the service was rolled out.
Although some MFS providers have recently slashed the charge to Tk 14, users and analysts say the rate is still higher, and a further reduction will benefit the poor, who avail the money withdrawal service through mobile phones most.
Telecompaper
Bangladesh adds nearly 4 million internet subscribers in March Monday 3 May 2021 | 07:18 CET | News Bangladesh ended March with more than 174.6 million mobile phone subscribers, up from 173.3 million in February, according to data from the Bangladesh Telecommunication Regulatory Commission (BTRC). Grameenphone s customer base rose to 80.75 million in March from 80.39 million in February, while Robi Axiata ended March with 51.94 million, up from 51.51 million the previous month. Banglalink had 36.25 million mobile customers, up from 35.92 million, while Teletalk ended March with 5.69 million mobile customers, up from 5.53 million in January.
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PRESENTATION OF FINANCIAL RESULTS
VEON s results presented in this earnings release are based on IFRS unless otherwise stated and have not been audited.
Certain amounts and percentages that appear in this earnings release have been subject to rounding adjustments. As a result, certain numerical figures shown as totals, including those in tables, may not be an exact arithmetic aggregation of the figures that precede or follow them.
All comparisons are on a year on year (YoY) basis unless otherwise stated.
The non-IFRS measures disclosed in the document, i.e. EBITDA, EBITDA margin, Net Debt, Equity Free Cash Flow (after licenses), Operational Capital Expenditures, Capex Intensity, local currency year on year change, ARPU are defined in Appendix A.
Strong Performance Across The Group Sees VEON Raise Full Year Guidance prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.