June 28, 2017 6:17 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 limited operates as a subsidiary of Global 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
Age: 50
Chief Financial Officer
Age: 54
Accounting Director
Chief Technical Officer
Age: 45
Company Secretary
Age: 55
Compensation as of Fiscal Year 2016.

banglalink digital communications limited Key Developments

Banglalink Reports Revenue Results for the First Quarter of 2017

Banglalink reported revenue results for the first quarter of 2017. For the quarter, total revenue declined by 1.2% to BDT 12 billion.

banglalink Seeks To Sell Its Towers

banglalink digital communications limited is planning to sell its towers to a third party, with plans to use the proceeds to invest in spectrum and improve service quality. The operator has recently issued a letter to Bangladesh Telecommunication Regulatory Commission, saying that it could boost investment in spectrum if towers are sold.

Banglalink Announces Unaudited Earnings Results for the Fourth Quarter and Financial Year Ended December 31, 2016

Banglalink announced unaudited earnings results for the fourth quarter and financial year ended December 31, 2016. For the quarter, the company's total revenue was USD 147.2 million compared to USD 150.5 million a year ago. EBITDA was USD 55.4 million compared to USD 50.6 million a year ago. In Fourth Quarter 2016, the company's underlying EBITDA decreased by 11% to BDT 5.1 billion, mainly due to the accelerated customer acquisition activity during the quarter. Capex increased 56% YoY to BDT 5.1 billion in Fourth Quarter 2016. For the year, the company's total revenue was USD 605.6 million compared to USD 595.6 million a year ago. EBITDA was USD 267.3 million compared to USD 242.1 million a year ago. Full year capex to revenue ratio was 22.1%.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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