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May 07, 2015 3:27 AM ET

Wireless Telecommunication Services

Company Overview of banglalink digital communications limited

Company Overview

Banglalink Digital Communications Ltd. provides fiber optic network based mobile telecommunication services in Bangladesh. It offers pre-paid, post-paid, international roaming, information based, entertainment, data based, call management, and mobile financial services. Banglalink Digital Communications Ltd. was formerly known as ORASCOM Telecom Bangladesh Ltd. and changed its name to Banglalink Digital Communications Ltd. in July 2013. The company was founded in 1998 and is based in Dhaka, Bangladesh. As of September 2, 2004, Banglalink Digital Communications Ltd. operates as a subsidiary of Orascom Telecom Holding S.A.E.

house no. 4, sw

bir uttam mir shawkat sharak

gulshan-1

Dhaka,  1212

Bangladesh

Founded in 1998

Phone:

880 9 885 770

Fax:

880 8 827 265

Key Executives for banglalink digital communications limited

Chief Executive Officer and Director
Chief Financial Officer
Age: 52
Managing Director and Chief Executive Officer of Mobilink
Chief Commercial Officer
Age: 43
Accounting Director
Compensation as of Fiscal Year 2014.

banglalink digital communications limited Key Developments

Banglalink Announces Revenue Results for the Fourth Quarter and Full Year of Fiscal 2014

Banglalink announced revenue results for the fourth quarter and full year of fiscal 2014. For the year, the company posted operating revenues of BDT 44 billion, an increase of 11% compared with the year-ago quarter, mainly due to higher voice, interconnection and VAS revenue. In the fourth quarter, the company's revenue increased 14% year-on-year to BDT 11 billion, driven by a growth in ARPU of 10% and 7% increase in customer base to 30.8 million. Since the 3G launch a year ago, data revenue has increased 85% year-on-year in the fourth quarter.

Banglalink Digital Communications Limited Issues $300 Million Senior Notes Due 2019

Banglalink digital communications limited issued $300 million Senior Notes due 2019, listed on the Singapore Exchange. This groundbreaking transaction represents the first international bond offering from Bangladesh there has never been a Bangladesh sovereign bond or corporate bond issue on the international capital markets before. The company plans to use the proceeds to repay existing debt and finance capital expenditures. Akin Gump London corporate partners Lisa Hearn and Fred Heller advised Banglalink, supported by a team in London, New York and Dallas on Rule 144A/Regulation S high-yield bond offering.

Banglalink Reports Earnings Results for the Third Quarter of 2014

Banglalink posted operating revenues of BDT 11 billion in the third quarter of 2014, an increase of 10% compared with the year-ago quarter, mainly due to higher voice, interconnection and VAS revenue Meanwhile, the operator's EBITDA stood at BDT 4 billion in the quarter, up 20% year-on-year. The EBITDA margin increased 4.4 percentage points year-on-year to 39.7%. The operator's capex for the first quarter of 2014 reached USD 50 million, climbing 193% from USD 17 million in the year-ago quarter.

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