Company Profile
Grameenphone Ltd. is the largest mobile telecommunications operator in Bangladesh in terms of revenue, coverage and subscriber base. The company was incorporated on 10 October 1996 as a private limited company. Grameenphone converted to a public limited company on 25 June 2007. The company became stock listed and started its trading at Dhaka and Chittagong Stock Exchanges from 16 November 2009. The shareholding structure comprises of mainly two sponsor Shareholders namely Telenor Mobile Communications AS (55.80%) and Grameen Telecom (34.20%). The rest 10.00% shareholding includes General public & other Institutions.
Grameenphone Ltd. is a leading provider of telecommunications services of Bangladesh. The company operates a digital mobile telecommunications network based on the GSM standard in the 900 MHz, 1800 MHz and 2100 Mhz frequency bands, under license granted by the Bangladesh Telecommunication Regulatory Commission (BTRC). The table below gives an overview of the mobile spectrum licenses held by Grameenphone Ltd.
Spectrum | Bandwidth (MHz) | Start | Expiry | Price | Payment plan |
|---|---|---|---|---|---|
900 MHz | 2 7.4 | 2011 | 2026 | 18,892 BDTm (f) | 49% upfront, 29% and 22% subsequent two years |
1800 MHz | 2 7.4 | 2008 | 2026 | 8,643 BDTm (f) | 25% upfront, remaining 75% within 9 months |
1800 MHz | 2 7.2 | 2011 | 2026 | 18,382 BDTm (f) | 49% upfront, 29% and 22% subsequent two years |
1800 MHz | 2 0.4 | 2021 | 2026 | 421 BDTm | 25% upfront, 15% yearly subsequent 5 years. |
1800 MHz | 2 5 | 2018 | 2033 | 13,492 BDTm | 60% upfront, 10% yearly subsequent 4 years. |
2100 MHz | 2 10 | 2021 | 2026 | 12,872 BDTm | 25% upfront, 15% yearly subsequent 5 years. |
2100 MHz | 2 10 | 2013 | 2028 | 17,144 BDTm | 60% upfront, remaining 40% within 180 working days |
2600 MHz | 60 | 2022 | 2033 | 24,824 BDTm | 10 % yearly over 10 years. |
2600 MHz | 20 | 2025 | 2033 | 6,350 BDTm | 12.5% yearly in 2024 and 2026-2032 |
Grameenphone Ltd. serves both rural and urban customers across Bangladesh, where mobile telephony is a major driver of socioeconomic development. The company envisions to provide the power of digital communication, enabling everyone to improve their lives, build societies and secure a better future for all. The company also has always been a pioneer in introducing new products and services in the local telecom market.
The shareholders:
It is a joint venture enterprise between Telenor (55.8%), the largest telecommunications service provider in Norway, and Grameen Telecom (34.2%), a non-profit organization of Bangladesh. The other 10% shares belong to general retail and institutional investors.
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 sponsor shareholder (Telenor) brings technological and business management expertise while the local sponsor shareholder (Grameen Telecom) 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.
© 2025 Grameenphone Limited | Part of Telenor Group