Banglalink, a VEON Subsidiary, Spearheads 3G Sunset in Bangladesh in Favor of 4G Expansion

In a significant move within the telecommunications sector, VEON Ltd. (NASDAQ: VEON, a leading global provider of connectivity and internet services headquartered in Amsterdam, the Netherlands, has announced that its Bangladesh-based digital operator, Banglalink, is the first to officially discontinue 3G services in the country. This strategic shift underscores Banglalink's commitment to bolster its 4G network infrastructure and enhance digital services for its consumers.

Advancing Network Capabilities

By decommissioning its 3G network, Banglalink is paving the way for a more robust 4G service offering. This transition is aimed at meeting the increasing demand for higher-speed mobile internet and improving the overall user experience. Banglalink's focus on 4G is part of a broad strategy to future-proof its network and provide state-of-the-art digital services that cater to the evolving needs of customers.

Impact on Market and Consumers

As the first mover in phasing out 3G in Bangladesh, Banglalink sets a precedent in the market, potentially encouraging other operators to follow suit. This development is also poised to have a considerable impact on consumers, offering them faster and more reliable internet connectivity. Moreover, by enhancing its 4G network, Banglalink is well-positioned to drive digital inclusion and support the growth of the digital economy in Bangladesh.

Fueling Digital Transformation

The drive towards a stronger 4G network by Banglalink reflects VEON's overarching mission to provide cutting-edge digital solutions. The phase-out of 3G is a calculated measure to not only optimize network performance but also to align with global trends towards more advanced mobile technologies such as 5G. VEON's strategic foresight in this technology transition demonstrates the company's dedication to contributing to the digitalization and growth of the markets it serves.

Banglalink, VEON, Telecommunications