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20 June 2025
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Robi

  • ICT & Telecoms

Robi Axiata Appoints Acting CEO as Rajeev Sethi Transitions to New Role

Shahzaib6 months ago6 months ago01 mins

Robi Axiata has appointed M Riyaaz Rasheed as acting CEO, effective February 1, 2025, following Rajeev Sethi’s transition to a new role within Axiata Group. Rasheed, the current CFO, had previously served as acting CEO before Sethi’s appointment in 2022. Robi is the second-largest mobile operator in Bangladesh.

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  • Financial

Robi Reports Decline in Q3 Revenue Due to Internet Shutdown and Floods

Shahzaib8 months ago8 months ago05 mins

Robi reported a 5% revenue decline in Q3 2024, impacted by an internet shutdown and floods. Revenue reached 2,474.4 crore taka, with voice revenue up 3.7% but data revenue down 15.5%. Despite challenges, profit after tax grew significantly, reflecting strong cost efficiency measures.

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