Grameenphone

Last updated

Grameenphone Limited
Native name
গ্রামীণফোন লিমিটেড
Company type Public
DSE:  GP
CSE: GP
Industry Mobile telecommunication services
Founded26 March 1997;27 years ago (1997-03-26) in Dhaka, Bangladesh [1]
Founder Iqbal Quadir
Muhammad Yunus
HeadquartersGP House, Bashundhara Residential Area,
Dhaka
,
Bangladesh
Area served
Nationwide
Key people
  • Joergen C. Arentz Rostrup (Chairperson)
  • Yasir Azman (CEO)
  • Jens Becker (CFO)
Products
List
Brands
  • Skitto
  • GPay
  • Bioscope
  • alo
  • gpfi
Services
RevenueIncrease2.svg৳150.4 billion (US$1.3 billion)
(FY 2022)
Increase2.svg৳91.48 billion (US$760 million)
(FY 2022)
Increase2.svg৳30.09 billion (US$250 million)
(FY 2022)
Total assets Increase2.svg৳185.09 billion (US$1.5 billion)
(FY 2022)
Number of employees
Decrease2.svg1,475 [2] [3]  (2021)
Parent Telenor (55.80%)
Grameen Telecom (34.20%)
Website grameenphone.com

Grameenphone, widely abbreviated as (d/b/a) GP, is a telecommunications service provider in Bangladesh. As of December 2023, its subscribers span over 82.20 million. [4] It is a joint venture between Telenor and Grameen Telecom. Where Telenor owns a 55.8% share of Grameenphone, Grameen Telecom owns 34.2% and the remaining 10% is publicly held. [5] As of Nov 2024, Grammenphone is Bangladesh's most valuable company with a market cap of ৳440.2 billion BDT or $3.6 billion USD. [6]

Contents

Grameenphone was the first company to introduce GSM technology over 900 and 1800 MHz in Bangladesh. [7] It was also the first company to introduce 5G network in the country, for which the first test was done in Dhaka and Chittagong metropolitan area in mid-2022. In September 2022, Grameenphone successfully conducted trials for the second time in Dhaka, Chittagong, Sylhet, Khulna, Rajshahi, Barisal, Mymensingh and Rangpur cities. [8]

History

Founder Muhammad Yunus founded Grameenphone to provide universal mobile phone access throughout Bangladesh, including its rural areas. [9] [10] He was inspired by the Grameen Bank micro-credit model and envisioned a business model where a cell phone can serve as a source of income. After leaving his job as an investment banker in the United States, Quadir met and successfully raised money from New York-based investor and philanthropist Joshua Mailman. He then returned to Bangladesh and worked for three years to gain support from organizations such as Grameen Bank and the Norwegian telecom company, Telenor. [11]

On 16 November 2006, Grameenphone officially changed its logo to match its parent company Telenor's logo.

Numbering scheme

Typical Grameenphone 2G SIM Card Grameenphone SIM Both Side.JPG
Typical Grameenphone 2G SIM Card

Grameenphone uses the following numbering scheme for its subscribers:

880 is the ISD code for Bangladesh and is needed only in case of dialing from outside Bangladesh (otherwise, it may be substituted by a 0, making the prefix 013 & 017).

13 & 17 is the prefix for Grameenphone as allocated by the government of Bangladesh. The following eight-digit number XXXXXXXX is the subscriber number. After exhausting the 017 series, Grameenphone became the first operator to launch a second series, the 013. [12]

In 2018, when Mobile number portability was introduced users can port to any operator without changing its number. [13] [14]

Customers

As of September 2024, total number of customer are 84.83 Million. [15]

Network

According to Grameenphone, it has invested more than BDT 347.4 billion (US$4.12 billion) to build the network infrastructure since 2018. Grameenphone has built the largest cellular network in the country. [16] Until July 2024, GP (Grameenphone) has 22,554 Mobile Network towers or BTS, which geographically covers the largest population of Bangladesh with mobile network services.

Spectrums

The Grameenphone network is also GPRS/EDGE/3G-enabled, with a growing 4G network, allowing internet access within its coverage area. its spectrum volume is 127. 4 MHz, 107.4 MHz are currently being used by Grameenphone, the remaining 20 MHz will be added from June 2025. Besides, Grameenphone is trying to buy more 850 bands of 10 MHz spectrum.

Frequencies used on Grameenphone Network in Bangladesh
BandFrequencyFrequency WidthProtocolNotes
8900 MHz7.4;MHz EDGE / LTE / LTE
31800 MHz20;MHz EDGE / LTE / LTE-A, 2CC,3CC,4CC,5CC
12100 MHz20;MHz LTE / LTE-A, 2CC,3CC,4CC,5CC
412600 MHz80;MHz LTE / LTE-A, 2CC,3CC,4CC,5CC

Products

Grameenphone introduced pre-paid mobile phone service in Bangladesh in September 1999 via an EDGE/GPRS/3G/4G enabled network. Grameenphone was the first mobile operator in Bangladesh to offer internet via EDGE and 3G 4G services to its subscribers. [17]

In March 2022, Grameenphone released embedded-SIM (eSIM). [18] [19]

Other activities

GrameenPhone has E-SIM [20]

Village phone

With the help of Grameenphone, Grameen Telecom operates the national Village Phone program, alongside its own parent Grameen Bank and the International Finance Corporation (IFC), acting as the sole provider of telecommunications services to a number of rural areas. Most Village Phone participants are women living in remote areas. Village Phone works as an owner-operated GSM payphone whereby a borrower takes a BDT 12,000 (US$200) loan from Grameen Bank to subscribe to Grameenphone and is then trained on how to operate it and how to charge others to use it at a profit. As of September 2006, there are more than 255,000 Village Phones in operation in 55,000 villages around Bangladesh. This program has been replicated also in some other countries including Uganda and Rwanda in Africa. [21]

Grameenphone Corporate Headquarter (GP House)

Grameenphone Corporate Headquarter (popularly known as "GP House"). Located at Bashundhara R/A, Dhaka, was formally inaugurated on 23 November 2010. [22] GP House is considered one of the successful office buildings in Bangladesh. [22] It has been designed by Architect Mohammad Foyez Ullah, Mustapha Khalid Palash and their team. [23] [24]

Community Information Centers

Community Information Center (CIC) or GPCIC was an initiative aimed at providing internet access and other communications services to rural areas. In February 2006, 26 CICs were established across the country as a pilot project. In this project, Grameenphone provided GSM/EDGE/GPRS infrastructure and technical support and other partners Grameen Telecom Corporation and Society for Economic and Basic Advancement (SEBA), were involved in selecting and training entrepreneurs to run the village centers. These CICs were used for a wide variety of business and personal purposes, from accessing health and agricultural information to using government services to video conferencing with relatives overseas. Grameenphone also trained entrepreneurs so that they could demonstrate to people how to set up an e-mail account and best make use of the Internet. Currently, none of the CICs are being operated by GP.

Grameenphone Centres

A GPC at Gulshan, Dhaka Gpc-gulshan.jpg
A GPC at Gulshan, Dhaka
A franchised Grameenphone centre at Tejgaon, Dhaka Gpc-nabisco.jpg
A franchised Grameenphone centre at Tejgaon, Dhaka

A Grameenphone Centre (GPC) serves as a "one-stop solution" for customers, with all telecommunications products and services, under a single roof. A Grameenphone Centre also sells phones from vendors like Samsung, Apple, Xiaomi and more. EDGE/GPRS modems and accessories such chargers and headphones are also sold at GPCs.

As of February 2013, there are 85 [25] GPCs and they are strategically located at all major locations of the country operated by Grameenphone. There are two GP Lounges for customer experience of GP Digital Services. There are also 376,285 unique recharge outlets and 6,836 GP Express Stores all across Bangladesh.

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References

  1. ↑ "Our Story". Grameenphone.
  2. ↑ "Airtel india– Grameenphone, Bangladesh". Telenor Group. Archived from the original on 22 August 2018. Retrieved 6 September 2017.
  3. ↑ "Grameenphone, Bangladesh - Airtel India".
  4. ↑ "Mobile Subscriber in Bangladesh". BTRC.
  5. ↑ "Annual Report 2017" (PDF). Grameenphone. Retrieved 6 September 2017.
  6. ↑ "Largest Bangladeshi (DSE) Stocks by Market Cap". Simply Wall St. Retrieved 15 November 2024.
  7. ↑ "Grameenphone (GP)". halberdbastion.com. 1 April 2018.
  8. ↑ "Grameenphone trials 5G in all divisional cities with the vision to expedite the journey toward 'Smart Bangladesh'". Grameenphone. Retrieved 26 November 2022.
  9. ↑ Isenberg, Daniel J.; Lane, David; Knoop, Carin-Isabel (12 March 2007). "Iqbal Quadir, Gonofone, and the Creation of GrameenPhone (Bangladesh)". Harvard Business Review.
  10. ↑ "Power to the People" . The Economist . 9 March 2006.
  11. ↑ "Muhammad Yunus: Opportunity Comes Calling". Asiaweek . Time Inc. 29 June 2001. Archived from the original on 2 August 2001.
  12. ↑ "Now '013' too GP". The Daily Star. 15 October 2018. Retrieved 19 September 2021.
  13. ↑ "Everything you need to know about Mobile Number Portability". 8 October 2018.
  14. ↑ "Switch to any operator". The Daily Star (Bangladesh) . 30 September 2018.
  15. ↑ "BTRC". Bangladesh Telecommunication Regulatory Commission. 14 November 2024.
  16. ↑ "Top Telecommunications Companies in Dhaka (Bangladesh)". Glassdoor. Retrieved 19 September 2021.
  17. ↑ "History". Grameenphone. Archived from the original on 6 September 2008.
  18. ↑ "GP launches eSIM in Bangladesh for the first time". The Daily Star. 1 March 2022. Retrieved 1 March 2022.
  19. ↑ "Grameenphone Launched 4G eSIM in Bangladesh". 1 March 2022. Retrieved 1 March 2022.
  20. ↑ "Grameenphone eSIM". Grameenphone.
  21. ↑ "Grameenphone Rolls Out Affordable Internet Access Across Bangladesh". GSM Association (Press release). 17 October 2006. Archived from the original on 29 September 2007.
  22. 1 2 "Grameenphone's house for inspiration and empowerment". Telenor Group. 25 November 2010. Archived from the original on 29 June 2021. Retrieved 29 June 2021.
  23. ↑ "Prospectus, Grameenphone Limited" (PDF). Bangladesh Securities and Exchange Commission: 65.
  24. ↑ "Grameenphone Corporate Head Quarter (GPHouse)". worldarchitecture.org. Retrieved 29 June 2021.
  25. ↑ "Home". Grameenphone. Archived from the original on 3 July 2014. Retrieved 13 December 2016.

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