Dhaka, April 24 -- Grameenphone's stock surged 1.32 per cent to Tk 245.2 per share on Thursday, despite the telecom operator having reported lower revenue in the first quarter of 2026 under macroeconomic pressures.

The country's largest mobile operator recorded total revenue of Tk 37.6 billion in the January-March quarter, marking a 2 per cent year-on-year decline compared to the same quarter last year.

Chief Financial Officer Otto Risbakk attributed the decline in revenue to persistent macroeconomic challenges and shrinking voice revenues, although steady growth in data services helped offset part of the impact.

Despite weaker top-line performance, net profit rose 4.4 per cent year-on-year to Tk 6.62 billion in the quarter ended March...