Grameenphone  ARPU falls

GrameenPhone, country’s largest mobile operator in terms of subscribers, has posted net profits of $47.4 million in 2008, rising from $1.8million in 2007. The Bangladeshi incumbent added nearly 4.5million subscribers in 2008 compared to 6 million in 2007 and ended the year with 20.99 million GSM subscribers. The lowered net additions and lowered handset subsidy has led to a rise in net income of the operator. The operator’s annual revenues rose by 13% though the monthly ARPU dropped by 7% since last year.

Source: Wireless Federation

CityCell loss almost doubles in 2008 because of ads, price war, handset subsidy:

Mobile telephone Company City Cell, struggling to remain in business with high spending promotional activities. Its gross income more than halved to Tk270 million from Tk580 million in the same quarter of 2008 fiscal year.Citycell enjoyed operating as monopoly until 1997 when GP,Sheba(now Banglalink) and Aktel won license to operate in Bangladesh. ( Read More)