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Bangladesh - Bangalink adds 500,000 subscribers in Q1.
Bangladeshi mobile operator Bangalink has seen its subscriber base rise to a total 10.836 million customers at the end of March, from 10.337 million in December 2008 and 8.311 million in March 2008. As a result, Banglalink's market share was 23.9 percent in Q1, increasing from 23.2 percent in the last quarter. Revenues grew to BDT 5.8 billion from BDT 4.8 billion in the year-earlier period, while EBITDA jumped to USD 21 million from USD 422,000 thanks to the solid revenue growth and decrease in customer …
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