Robi registers 4% revenue growth in third quarter

In the third quarter of 2017, Robi registered revenue growth of 4%, on the back of sustained investment to the tune of TK3.4 billion. However, the investment for network improvement left the company with a net loss of Tk469 million at the end of the quarter. Robi currently has a subscriber base of 41.2 million users. Robi continued investing aggressively this year, in order to fast-track its 3.5G network expansion and improve the quality of the 2.5G network. Robi Managing Director and CEO Mahtab Uddin Ahmed said: “Besides network expansion, Robi is continuously bringing innovative digital solutions and enabling customers to use different online and social media platforms at affordable prices with pioneering products.”