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Native name | গ্রামীণফোন লিমিটেড |
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Company type | Public |
DSE: GP CSE: GP | |
Industry | Mobile telecommunication services |
Founded | 26 March 1997Dhaka, Bangladesh[1] | in
Founder | Iqbal Quadir Muhammad Yunus |
Headquarters | GP House, Bashundhara Residential Area, , |
Area served | Nationwide |
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Revenue | ![]() (FY 2022) |
![]() (FY 2022) | |
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Total assets | ![]() (FY 2022) |
Number of employees | ![]() |
Parent | Telenor (55.80%) Grameen Telecom (34.20%) |
Website | grameenphone |
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.[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 more than ৳440.2 billion BDT or $3.6 billion USD (approximately).[6]
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]