Grameenphone

Grameenphone Limited
Native name
গ্রামীণফোন লিমিটেড
Company typePublic
DSE: GP
CSE: GP
IndustryMobile telecommunication services
Founded26 March 1997 (1997-03-26) in Dhaka, Bangladesh
FounderIqbal Quadir
Muhammad Yunus
HeadquartersGP House, Bashundhara Residential Area, ,
Area served
Nationwide
Key people
  • Joergen C. Arentz Rostrup (Chairperson)
  • Yasir Azman (CEO)
  • Jens Becker (CFO)
Products
Brands
  • Skitto
  • GPay
  • Bioscope
  • alo
  • gpfi
Services
Revenue 150.4 billion (US$1.2 billion)
(FY 2022)
91.48 billion (US$750 million)
(FY 2022)
30.09 billion (US$250 million)
(FY 2022)
Total assets 185.09 billion (US$1.5 billion)
(FY 2022)
Number of employees
1,475 (2021)
ParentTelenor (55.80%)
Grameen Telecom (34.20%)
Websitegrameenphone.com

Grameenphone LTD, 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. 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. As of Nov 2024, Grameenphone is Bangladesh's most valuable company with a market cap of more than ৳440.2 billion BDT or $3.6 billion USD (approximately).

Grameenphone was the first company to introduce GSM technology over 900 and 1800 MHz in Bangladesh. 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.