Robi’s revenue tumbles for internet shutdown and flash flood
The prolonged internet shutdown and the devastating flash flood dealt a heavy blow to Robi’s revenue for the third quarter (July-Sept) of the year (Q3’24), as the company’s revenue declined by 5% from last quarter.
The company reported a revenue of 2,474.4 crore taka for Q3’24, reflecting a year-on-year (YoY) decrease of 2.7%. For the first nine months of the year, total revenue reached 7,594.6 crore taka, marking a 2.2% growth from the same period last year.
In Q3’24, voice revenue increased by 3.7%, while data revenue saw a significant decline of 15.5% compared to the previous quarter. YoY voice revenue grew by 3.9%, while data revenue decreased by 10.3%.
Robi shared this information in a press release today. The Company’s active subscribers base decreased to 5 crore 79 lakhs du...