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Tuesday, October 21, 2014

Tuesday, June 24, 2008
Business

Grameenphone reaches 20m subscribers

Grameenphone, the country's leading mobile phone operator, crossed the 20 million subscribers' mark yesterday.

“Grameenphone's premium brand image for providing the best quality network, innovative and useful products and services, and ensuring committed customer service are the main pillars of our success,” said Anders Jensen, chief executive officer of the company adding, “And we will continue to deliver on these promises in years to come.”

The Norway based Telenor, which owns 62 percent of Grameenphone's shares, believes it will grow more in the coming years and now planning to concentrate in the rural areas.

“We are humbled by the trust placed on Grameenphone by more than 20 million subscribers,” Jensen said.

According to figures released by the Bangladesh Telecommunication Regulatory Commission (BTRC), the total number of mobile phone subscribers currently stands at 42.04 million.

The six mobile phone operators of the country added 1.7 million new customers in May 2008, of which, Grameenphone alone added 980,000.

According to BTRC, Banglalink and AKTel's subscription reached 8.99million and 7.71million respectively, as of May 2008.

Starting its operations on March 26, 1997, the Independence Day of Bangladesh, Grameenphone has the largest network coverage in the country. It currently has more than 11,000 base stations in operation in over 6,200 locations, bringing almost the entire country under its coverage.

The company has so far invested more than Tk.111 billion to build the network infrastructure since its inception in Bangladesh, including Tk 35.8 billion in 2007 alone.

Grameenphone is also the biggest tax payer in recent years with the cumulative contribution to the national exchequer standing at over Tk 101 billion, including Tk 34 billion in 2007.

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