Who owns grameenphone

The sector is contributing almost 1. Most of the revenues are coming from Voice Calls and Internet Data services. Revenue from internet data usage is getting a boost recently owing to the introduction of 4G in Telecommunications market is an oligopoly market with numbered players — currently 4 only.

Among the companies, Grameenphone holds the highest market share in terms of subscribers — about Many changes of corporate restructuring nature have taken place in this industry. Later on, Airtel and Robi Axiata merged in to form the second largest telecommunications operator in the country. BTRC has cancelled its license for non-payment of dues in Q4, The industry is experiencing higher growth in internet subscribers. Number of subscribers are increasing at a smother pace. According to official source of BTRC, total mobile internet subscribers in Bangladesh has stood at With some statistics, the competitive positioning of Grameenphone in the market can be established.

First comes the market share of the company, which is The company has closed the year with Main strength of Grameenphone against its competitors is the network coverage across the country. About According to customer surveys, internet coverage of Grameenphone is outstanding in the remote areas compared to its competitors. Call rate of the company is a little bit high for which the company has experienced a 2.

However, the company has successfully added 3. The company strives a transition from a commodity-based company to a platform-based digital technology company that is working toward IoT adaptation. Grameenphone has rolled out smaller voice packs to absorb the SD and to relay an adaptive pressure only to the lower-income group.

Grameenphone has posted a profit after tax of BDT Despite the restrictions due to pandemic, the company has been able to see a positive growth of 7. However, a closer inspection reveals that the company has actually lost some revenue in the year compared to the previous year. Then the profit growth is explained by reduction in the costs. The increase in profit has been due to reduction in finance expenses as well as in taxes.

The company has incurred interest expenses in of BDT 0. Earnings per share of the company is BDT Grameen Telecom, which owns Grameen Telecom, with its field network, administers the Village Phone Program, through which Grameenphone provides its services to the fast growing rural customers. Grameen Telecom trains the operators and handles all service-related issues.

As part of the conversion of Grameenphone from a private limited to a public limited company, Grameen Telecom transferred one 1 share each on 31 May to Grameen Kalyan and Grameen Shakti. Company Profile. Frontier Emerging Markets Portfolio 1,, 0. The technological know-how and managerial expertise of Telenor has been instrumental in setting up such an international standard mobile phone operation in Bangladesh.

Being one of the pioneers in developing the GSM service in Europe, Telenor has also helped to transfer this knowledge to the local employees over the years. The international shareholder brings technological and business management expertise while the local shareholder provides a presence throughout Bangladesh and a deep understanding of its economy.

Both are dedicated to Bangladesh and its struggle for economic progress and have a deep commitment to Grameenphone and its mission to provide affordable telephony to the entire population of Bangladesh. Telenor is emerging as one of the fastest growing providers of mobile communications services worldwide with ownership interests in 12 mobile operators across Europe and Asia. Telenor is organised into three business areas; Mobile operations covering 12 countries, and Fixed-line and Broadcast services covering the Nordic region.

Telenor holds