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 23, 2026, Grameenphone's subscriber base grew to 87.20 million in August from 87.01 million in July, leading an overall increase of 0.65 million mobile subscriptions among all four operators. Previously, on September 22, Bangladesh mobile operators reported the loss of 170 base station cards and thousands of meters of power cables in Greater Dhaka during the first eight months of 2026, a significant jump from 47 base transceiver station cards stolen nationwide in 2025, prompting a request to regulators for police protection. Earlier, on September 19, the Bangladesh Mobile Phone Consumers Association (BMPCA) advocated for effective measures and stronger oversight to prevent customer harassment related to international roaming services provided by mobile operators, noting growing difficulties for consumers traveling abroad. This followed news on September 14, when NCC Bank PLC and Grameenphone Ltd initiated a strategic partnership to advance digital transformation, enhance technological capabilities, and deliver innovative digital services for the bank's customers, with a focus on digital payments, technology-driven financial services, and customer experience improvement to support Bangladesh’s cashless economy.
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Grameenphone offers 4 products in the media and telecoms services industry. Grameenphone's product portfolio comprises of media and TV services, telecoms and consumer electronics.
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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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