GP earnings in the second quarter is Tk 3240 crore - Pules of technology

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Friday 14 July 2017

GP earnings in the second quarter is Tk 3240 crore


Grameenphone (GP) has earned revenue of 3240 crores in the second quarter of the year. It is 5.8 percent more than the first quarter.

After the tax, the net profit of the operators was 790 crore taka.

Grameenphone CEO Michael Patrick Folie said at a press conference in the city's Gulshan Four Point by Sheraton Hotel on Thursday that Grameenphone ended the second quarter of 2017 with 6.7 million active subscribers. It is 2.9 percent more than the first quarter. Where data subscribers are 27 million.

Folie said the marginal was very competitive, especially for adding clients. In the meanwhile, the growth in data and voice. EBITDA (before other items), due to higher revenue and management efficiency, is about Rs. The earnings per share are Rs. 5.87.

Folie commented that the regulatory system and the local taxonomies are fading business success. Fourier license, spectrum neutrality, auction, demand for old SIM tax and tax on customer service is required, with the government more dialogue, said the operator's CEO.

In the last quarter, the GP has deposited Tk 1640 crore as tax, VAT, customs and license fees in the state treasury, said its CFO, Dilip Pal. This fee is 50 decimal 6 percent of total revenue.