Ownership Structure
The shareholders of Grameenphone contribute their unique, in-depth experience in both telecommunications and development.
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 shareholder brings technological and business management expertise while the local shareholder 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.
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