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Robi Axiata, the second-largest telecom operator, held its 28th annual general meeting on Wednesday, and the shareholders approved a 10 per cent cash dividend declared earlier.
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 28th AGM of Robi Axiata was held at Dhaka’s International Convention City Bashundhara (ICCB), conducted in a hybrid format, supporting both in-person and online participation.
Chairman of Robi Axiata's board of directors, Vivek Sood, the Managing Director and CEO, Rajeev Sethi, CFO, M Riyaaz Rasheed, other board of directors, and senior officials of the company, were present.
Chairman Vivek Sood said: “Robi had performed exceptionally well in 2023. 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.”
“Customers are finding a natural home in Robi to support their digital transformation journey. All that stands in the way is the taxation regime. Unless the tax is rationalised, we would always struggle to live up to the expectation from our valued shareholders.”
“Apart from that, we are doing everything possible to grow our business within the scope allowed by the regulatory regime of the country. I thank all our shareholders for keeping faith in our ability to deliver the desired level of return on their precious investment,” said the Robi Chairman.