Search results for 'Telecom'

Banglalink completes 3G phase-out

TechLife ReportBanglalink has successfully completed the phase-out of its third-generation (3G) network as of yesterday, making it the country’s first telecom operator to have completed the process.The third-largest telecom operator in Bangladesh initiated the process of phasing out its 3G network in 2021 to bolster its 4G services by reallocating resources, according to a press release.Regarding the move, Banglalink CEO Erik Aas said that the operator looks forward to enhancing customers’ 4G experiences and accelerating ‘Smart Bangladesh’ vision.  “Maximising Banglalink’s investment by embracing advanced 4G services is now the mobile operator’s top priority,” he said.Banglalink has doubled its network capacity to ensure superior speed and coverage across the country, the press release reads.

Banglalink, ZTE partner to upgrade network

TechLife ReportTelecom operator Banglalink has entered into a strategic agreement with China-based ZTE to modernise its network infrastructure and enhance the capacity of fourth-generation (4G) coverage.Banglalink’s Chief Executive Officer Erik Aas and ZTE’s VEON Account Managing Director Liao Hui signed the agreement on behalf of their respective sides at the head office of the telecom company in Dhaka recently, says a press release.Regarding the partnership, Erik Aas said that Banglalink is committed to continuously driving digital transformation across Bangladesh.“We will double network infrastructure for enhancing digital experience for customers with high-quality services. This advancement will significantly improve connectivity and user experiences, leading towards achieving the Smart Bangladesh vision,” he said.

Robi approves 10pc cash dividend

TechLife ReportRobi Axiata held twenty eighth annual general meeting on Wednesday.The second-largest mobile network operator approved a 10 per cent cash dividend declared earlier, says a press release.The telecom operator registered nearly a 16 per cent growth in revenue to Tk 99.42 billion in 2023, while profit jumped 75 per cent to Tk 3.21 billion during the year. The AGM was held at Dhakas International Convention City Bashundhara (ICCB), conducted in a hybrid format, supporting both in-person and online participation.Robi Axiata Chairman Vivek Sood, Managing Director Rajeev Sethi, chief financial officer M Riyaaz Rasheed and senior officials were present.Addressing the programme, Chairman Vivek Sood said that Robi had performed exceptionally well in 2023 calendar year.  “The tremendous work that has gone into improving the quality of services is clearly evident in its performance in the first quarter of this year,” he said.