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Grameenphone

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Article Genealogy
Parent: Bangladesh Hop 4
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Grameenphone
Grameenphone
Public domain · source
NameGrameenphone
TypePublic
Traded asDSE: GP, CSE: GP
IndustryTelecommunications
Founded1997
FounderMuhammad Yunus, Telenor
HeadquartersDhaka, Bangladesh
Key peopleYasir Azman, Sigve Brekke

Grameenphone. Grameenphone is a leading telecommunications service provider in Bangladesh, offering a wide range of services including GSM and 3G mobile networks, Internet services, and VAS. The company was founded in 1997 by Muhammad Yunus, the founder of Grameen Bank, and Telenor, a Norwegian telecommunications company. Grameenphone has partnerships with various international companies, including Ericsson, Nokia, and Huawei.

● Introduction

Grameenphone is the largest mobile phone operator in Bangladesh, with over 70 million subscribers, and is a subsidiary of Telenor Group, a leading telecommunications company in Europe and Asia. The company's services are available in all 64 districts of Bangladesh, including Dhaka, Chittagong, Sylhet, and Khulna. Grameenphone has a strong network of dealers and retailers, including Grameen Bank, BRAC Bank, and Standard Chartered Bank. The company's services are also available in various Bangladeshi diaspora communities, including in United Kingdom, United States, and Middle East.

● History

Grameenphone was founded in 1997, with the goal of providing mobile phone services to the rural areas of Bangladesh. The company was launched with an initial investment of $120 million, and started its operations in Dhaka and Chittagong. In 2000, Grameenphone launched its GSM network, and in 2006, it launched its 3G network. The company has since expanded its services to include 4G and LTE networks, and has partnered with various international companies, including Facebook, Google, and Microsoft. Grameenphone has also received various awards, including the Bangladesh Business Award, the Asia Pacific Entrepreneurship Award, and the GSMA Award.

● Services

Grameenphone offers a wide range of services, including prepaid and postpaid mobile services, Internet services, and VAS. The company's services include VoIP, SMS, and MMS. Grameenphone also offers various mobile banking services, including bKash, a mobile financial service launched in partnership with BRAC Bank and Money in Motion LLC. The company's services are available in various languages, including Bengali, English, and Urdu.

● Network

Grameenphone's network covers all 64 districts of Bangladesh, including Dhaka, Chittagong, Sylhet, and Khulna. The company's network includes over 10,000 BTS sites, and over 20,000 cell sites. Grameenphone's network is supported by various international companies, including Ericsson, Nokia, and Huawei. The company's network is also connected to various international networks, including SingTel, Telkom Indonesia, and BSNL.

● Controversies

Grameenphone has been involved in various controversies, including a dispute with the BTRC over the company's spectrum allocation. The company has also faced criticism over its mobile number portability services, and its handling of customer complaints. In 2018, Grameenphone was fined by the BTRC for violating various regulations, including the Telecommunication Act, 2001. The company has also faced competition from various other mobile phone operators, including Robi, Banglalink, and Teletalk.

● Subsidiaries_and_partnerships

Grameenphone has various subsidiaries and partnerships, including Grameenphone IT Limited, Grameenphone Infrastructure Limited, and Grameenphone Financial Services Limited. The company has also partnered with various international companies, including Telenor Group, Ericsson, Nokia, and Huawei. Grameenphone has also partnered with various Bangladeshi companies, including Grameen Bank, BRAC Bank, and Standard Chartered Bank. The company's partnerships include a joint venture with Microsoft to provide cloud computing services, and a partnership with Facebook to provide Internet.org services.

● Financial_performance

Grameenphone's financial performance has been strong, with the company reporting a revenue of over BDT 100 billion in 2020. The company's net profit was over BDT 20 billion, and its EBITDA was over BDT 50 billion. Grameenphone's financial performance is supported by its strong network and customer base, as well as its partnerships with various international companies. The company's financial performance is also influenced by the Bangladeshi economy, which has been growing rapidly in recent years, driven by remittances from Bangladeshi diaspora communities and foreign direct investment from companies such as Unilever, Procter & Gamble, and Coca-Cola. Category:Telecommunications companies of Bangladesh

● Some section boundaries were detected using heuristics. Certain LLMs occasionally produce headings without standard wikitext closing markers, which are resolved automatically.