Latvia’s PUC to consider introducing MTR cap for all mobile players

GrameenPhone, Bangladesh’s biggest cellular operator by users, has reported BDT22.83 billion (USD299 million) revenues for the third quarter of 2011, an 18% increase on the same period of last year, while net income in July-September climbed to BDT5.63 billion, giving a 24.7% profit margin, despite what the company’s statement called ‘a daunting regulatory environment’. Higher profit was attributed to sustained revenue growth and cost improvements, partly offset by higher income tax expenses [More]

Tags: