GrameenPhone crosses 5 million subscriber mark

Press release
1 minute read
GrameenPhone Ltd., the largest telecommunications service provider in Bangladesh, where Telenor has a 62 per cent owner share, has crossed the 5 million subscriber mark milestone.

The company more than doubled its subscriber base during the first 10 months of the current year. GrameenPhone started the year with nearly 2.4 million subscribers, reached 3 million in March and 4 million users in September.

"This is a remarkable achievement, especially considering the doubling of the customer base so far this year. We are proud to be a part of the leading mobile operator in Bangladesh," said Arve Johansen, deputy CEO in Telenor.

GrameenPhone holds 62 percent of the mobile phone market in the country (Q3 figures). The company has built the largest network with the widest coverage in Bangladesh. More than 80 percent of population has now been brought under the coverage of the GrameenPhone network.