The on-going Facebook blockade caused 3% revenue loss of Robi since the government shut the social media, said Supun Weerasinghe, CEO of Robi Axiata Limited.
He came up with the disclosure while announcing its financial report for the third quarters at a press conference held at its office in the capital.
“As a key service for consumers, almost 30% data consumption of Robi has been reduced. If we compare it with our total revenue, the loss will be around 2 to 3%,” said Supun who termed the data business a prospective one.
“Security can’t be compromised considering public safety. To achieve anything you will have to sacrifice little things,” said Supun.
“After announcement of Robi-Airtel merger in Bangladesh, we are getting lots of response from subscriber’s end. You will see lot of progress in the next three months as the BTRC is very much comfortable on our merger plan,” said Supun in response to a query.
He also said, “Our main objective is to ensure seamless connectivity for our customers after completion of our merger plan.”
Yap Wai Yip, chief financial officer of Robi said the company’s revenue grew 3.5% in this quarter, profitability also improved while investment continued. Net profit grew by 20.4%.
Robi customer base reached 28.4 million with Year on Year (YoY) growth of 13.6%.
Revenue grew 6.7% YoY whilst recording a 3.5% growth QoQ. Investments in network expansion up 23.5% to reach Tk1,780 core in first nine months of 2015
During the first nine months of 2015, Robi added 31 lakh new subscribers to reach 28.4 million, which represents 21.6% subscriber market share.
