In this paper, the problem of in-plane wave propagation with oblique incidence of the wave in an isotropic bilaminated composite under perfect contact between the layers and periodic distribution between them is studied. Based on an asymptotic dispersive method for the description of the dynamic processes, the dispersion equations were derived analytically from the average model. Numerical examples show that the dispersion curves obtained from the present model agree with the exact solutions for a range of wavelengths. Detailed numerical simulations are provided to illustrate graphically the phase and group velocities. Such illustrations allow the identification and comparison of the effects of the unit cell size, wave number and incident angle. It was observed that, as the incident angle increases, the dimensionless quasi-longitudinal phase velocity increases, and the dimensionless quasi-shear phase velocity decreases. In addition, the phase and group velocities decrease as the size of the unit cell increases. The frequency band structure, as a function of the wave-vector components is calculated.