Grameenphone is a privately owned company headquartered in Bangladesh, with Telenor as a parent company. Founded in 1997, it operates with an estimated 6,550 employees and reported $1.4B in revenue as of 2024. As a tier 2 media tech buyer, the company functions as Bangladesh's largest telecommunications conglomerate and mobile network operator by both subscriber base (over 86 million users) and revenue, and holds the highest market capitalization on the Dhaka Stock Exchange. Grameenphone relies on LTE+, 5G deployment, Fiber-Optic Backbone Infrastructure, and Over-the-Top (OTT) IP Web Networks as its primary transmission modes to deliver nationwide voice, mobile data, digital services, enterprise cloud solutions, and fintech integrations.
On September 14, 2026, Grameenphone Ltd. and NCC Bank PLC announced they are exploring a strategic partnership to drive digital transformation, enhance technological capabilities, and ensure innovative digital services for the bank’s customers. This potential collaboration focuses on digital payments, technology-driven financial services, customer experience enhancement, and various initiatives supporting Bangladesh’s journey toward a cashless economy. This follows Grameenphone Academy's announcement on September 8 that it reached 400,000 enrolments, with 80,000 young people joining its artificial intelligence (AI) courses within eight months, reflecting a strong uptake of AI skills training and growing demand for digital capabilities in Bangladesh’s evolving job market. These developments align with broader national discussions, including remarks on September 10 by Prime Minister’s Adviser on Posts Telecommunications and Information Technology, Rehan Asif Asad, who emphasized the critical role of AI in Bangladesh's ambition to achieve a trillion-dollar economy by 2034. Industry analyses on the same day also noted AI's emerging potential to open new revenue streams for telecom operators, historically reliant on connectivity services like voice calls and mobile data.
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Grameenphone offers 4 products in the media and telecoms services industry. Grameenphone's product portfolio comprises of telecoms, consumer electronics and media and TV services.
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Grameenphone's revenues were over $1B in 2024. Caretta Research has split Grameenphone's revenue into 4 different product categories, the largest of which is mobile services. For full access to Grameenphone's revenue breakdown subscribe to Caretta Portal.
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