Robi’s earning record high in April-June

The operator made the report public in a statement relased yesterday. “We experienced a stable mobile revenue during the second quarter of 2016,” Robi Managing Director and CEO, Supun Weerasinghe, said. SIM biometric re-registration initiative, however, negatively impacted the growth momentum of the business, he said, adding that nevertheless, the company is continuing to invest in modernisation of 2.5G/3.5G network and its expansion across the country. The operator invested 560 crore in 2.5G/3.5G network expansion. “During the first half of 2016 we continued to bring most innovative and affordable product offers in the market. Robi introduced Yonder music service aiming to provide a total music experience that combines exclusive content from famous local artists along with a comprehensive collection of international music.” The operator witnessed TK3.42 crore net loss in second quarter due to accelerated depreciation resulting from network modernisation in Chittagong-Comilla region. Robi active subscriber base remains flat in Q2 2016, standing at 27.4 million.