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Telecom

Airtel, Robi to combine business in Bangladesh

Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Bharti”) (collectively “Parties”) wish to announce that they have entered into an exclusive discussion to explore the possibility of combining the business operations of their telecommunication subsidiaries in Bangladesh; airtelnamely, Robi Axiata Limited and Airtel Bangladesh Limited. There is no certainty that this discussion will lead into the execution of binding definitive agreements between the Parties, says a press release. This announcement is to facilitate the on-going discussions and e...

SIM re-registration starts Sep 13

Re-registration and verification of mobile SIM cards will begin September 13, state minister for the posts and telecommunications Tarana Halim said today. The process will continue for three months. Devoid of re-registration, a SIM will be blocked, she told a meeting today. [caption id="attachment_3606" align="alignright" width="300"]79 pc mobile SIM replacement document found fake 79 pc mobile SIM replacement document found fake[/caption] The re-registration will end on December 13. The junior minister was speaking at a meeting with the members of Telecom Re...

Symphony brings “Studio 50”

Symphony the number 1 handset brand of Bangladesh is proud to bring you Studio 50 in the market. The Handset contains 6 inch qHD IPS screen, 3000 mAh Li Polymer powered battery, Powerful Camera and Android Lollipop 5.0. The Camera has 8 Megapixel rear and 2 Megapixel front camera. studio50 all_img_4_6651.3 Ghz Quad Core processor and 1 GB RAM powered the phone enough to run Full HD Videos, Games and apps. Mali 400 – MP2 GPU made all the apps and games runs faster and smoother. This phone is one of a kind when it comes to be...

Airtel mulls selling operations in Bangladesh

India’s Bharti Airtel reportedly is considering selling its Bangladesh and Sri Lanka operations, which are both minor players in the low-ARPU markets. Airtel has appointed two bankers to lead the sale, according to the Business Standard. Reports airtelsaid it first plans to sell its tower business and then the mobile business in both countries. Airtel has about 2,500 towers in Sri Lanka and 4,000 in Bangladesh. The Airtel brand has less than a 7 per cent market share in Bangladesh and is the fourth largest among eight operators – the four smallest have ...

Robi ShareMyNet allows sharing internet pack

Robi’s 3.5G service has created a huge pool of internet subscribers. As of June 2015, 26.3% of the country’s total internet subscriber base is accessing internet through its network. To offer affordable internet for their users, Robi has for the first time in the country introduced a unique internet sharing platform named “ShareMyNet”. That will allow users to enjoy internet in a group and reduce internet spending by upto 50%+. This internet pack allows Robi subscribers the flexibility to share internet among different Imagedevices they use and with th...

Axiata sees PATAMI up 34.2pc YoY

Axiata Group Berhad (Axiata) recently announced its unaudited results for the second quarter of 2015. The Group saw improved performance amidst heightened competitive pressures and maturing markets. Year-to-date (YTD) revenue for the Group was up 2.3% to RM9.5 billion from RM9.2 billion a year ago. The Group recorded earnings before interest, tax, depreciation and amortization (EBITDA) of RM3.5 billion, tapering slightly from a year ago due to marginal increase in operating costs. Group profit after tax (PAT) improved 2.8% YTD to RM1.2 billion from RM1.1 billion previously. Profit after taxation and minority interests (PATAMI) gained 34.2% year-on-year (YoY) to RM611 million with YTD growth of 5.8% to RM1.2 billion following