Grameenphone

What Grameenphone does

Grameenphone is Bangladesh's largest mobile telecommunications operator, founded in 1997 as a joint venture between Telenor Group and Grameen Telecom and listed on the Dhaka Stock Exchange (ticker: GP). The company provides mobile voice, data, SMS, and digital services to mass-market consumers, enterprise customers, and rural and underserved populations across Bangladesh, with a service footprint reaching approximately 185 million people. Grameenphone maintains a multi-channel distribution network spanning flagship GP Experience Centers in Dhaka, GP Centers nationwide, the GP Online Shop, the MyGP mobile application, and 5,500+ PalmPay retailers supporting cardless EMI smartphone purchases.

The company's core technology stack comprises 4G LTE with first-in-Bangladesh 700 MHz spectrum deployment (10 MHz allocated by BTRC for a 13-year term, nationwide rollout initiated June 2026), VoLTE for HD voice, and a commercially launched 5G network covering all divisional cities as of September 2025. Consumer offerings include prepaid and postpaid SIM packages (Nishchinto, Prime, 1 Number Plan, eSIM), Flexiplan, GP Family Pack for shared plans up to five members, GPStar tiered loyalty (Silver, Gold, Platinum, Signature), and co-branded devices with Samsung, Vivo, Infinix, Realme, Symphony, Nokia, and RFL Electronics (Proton Jet 4G). Enterprise and digital services include ALO Connect M2M IoT platform, Smart Tracker for fleet management, Business Mobility, Cloud Solutions, Workforce Management, Corporate Messaging, Audio Conferencing, G Pay financial services, OneGames gaming, Bioscope streaming, Netflix code redemption, and Tapmad sports content.

Grameenphone's revenue model combines subscription-based mobile services (voice, data, SMS) with device and hardware sales, value-added services and digital subscriptions, SIM replacement fees (BDT 249-300), and EMI-linked financing revenue through the PalmPay partnership. Pricing is publicly disclosed across daily (BDT 39), weekly, and monthly data packages (up to BDT 798 for 100GB), family plans (BDT 993-3,999), international roaming (BDT 194-4,167), and smartphone bundles (BDT 2,050-249,999). The company operates under approximately 56% government telecom tax burden, reported Tk 15,845 crore in FY2024 revenue and Tk 3,630 crore in net profit, and declared a 330% cash dividend for 2024.

Name

Grameenphone

Legal name

Grameenphone Limited

Website

https://grameenphone.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Grameenphone is Bangladesh's largest mobile telecommunications operator, providing voice, data, 4G/5G, and enterprise IoT services. A Telenor Group subsidiary listed on the Dhaka Stock Exchange, it serves mass-market consumers and enterprise customers across Bangladesh via retail, app, and direct sales channels.

Ownership category

akta.pro rank

Product category

Mobile Telecommunications Services

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112)

SIC

Radiotelephone Communications (4812)

akta.pro primary industry

IoT/M2M Mobile Network Operators (LPWAN, NB-IoT/LTE-M) (HDAIAAAH)

akta.pro secondary industries

Private LTE/5G Mobile Network Operators (Campus/Industrial) (HDAIAAAE), Mobile Wholesale & Roaming Providers (Interconnect, IOT, Roaming Hubs) (HDAIAAAD)

Keywords

• Mobile telecommunications
• Mobile network services
• Prepaid postpaid plans
• Enterprise IoT solutions
• Digital mobile services

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Technology or R&D, Marketing or Sales, Personnel

Revenue model

1. Mobile Services Revenue: Core telecommunications revenue from voice, data, and SMS services for prepaid and postpaid subscribers, including subscription fees and usage charges
2. Device and Hardware Sales: Sales of mobile phones, feature phones, IoT devices (ALO cameras, vehicle trackers), and accessories through online shop and retail stores
3. VAS and Digital Services: Value-added services including OTT content (Netflix, OneGames gaming platform, sports streaming), roaming packages, and loyalty programs (GP STAR)
4. SIM Replacement and Administrative Fees: Charges for SIM replacement services including physical SIM (BDT 300) and eSIM (BDT 249)
5. EMI and Financial Services: Cardless EMI smartphone purchases through PalmPay partnership, generating revenue from device sales and potential financing fees

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Grameenphone is Bangladesh's largest mobile telecommunications operator, delivering voice, data, and SMS services over 4G LTE and 5G networks to prepaid and postpaid subscribers. Beyond core connectivity, it offers a digital ecosystem spanning the MyGP app, VoLTE, IoT (ALO Connect), enterprise mobility/cloud solutions, gaming (OneGames), streaming (Bioscope), device financing (Cardless EMI with PalmPay), and loyalty programs (GPStar, GP Points).

Product overview

Grameenphone operates as Bangladesh's largest telecommunications operator offering a comprehensive platform-plus-services model centered on its 4G and 5G mobile networks. The core network infrastructure includes 700 MHz spectrum deployment for enhanced indoor/rural coverage and 5G commercial services launched September 2025 in all divisional cities. Consumer offerings are anchored by the MyGP App as the primary service hub, supported by VoLTE for HD voice calls, GPStar loyalty program with tiered benefits, and various prepaid/postpaid SIM packages including Flexiplan customizable options and Family Pack sharing plans. The product portfolio extends to device partnerships (Samsung, Symphony, Vivo, Infinix, Realme) offering co-branded smartphones with data bundles, and the Proton Jet 4G co-branded feature phone with RFL Electronics. Entertainment and digital services include OneGames gaming platform, Netflix code redemption, international roaming with mobile balance, and AppCity marketplace. Enterprise solutions encompass IoT (ALO Connect M2M), Smart Tracker, Business Mobility packages, Cloud Solutions (M-reporting), Corporate Messaging, Audio Conferencing, Workforce Management, and Enterprise Connectivity. Additional services include G Pay financial services, GP Points loyalty rewards, and Grameenphone Accelerator/Innovation Lab programs.

Differentiator

Problem solved

Functional benefit

Brands

• GP: Primary brand abbreviation used for services and products
• MyGP
• GPStar
• Bioscope
• GPFI
• ALO
• Skitto
• OneGames
• AppCity

Products and services

• Prepaid & Postpaid SIM Packages SIM connection packages available in prepaid and postpaid variants including Nishchinto, Prime, and Number 1 Plan options with various data and voice allocations for individual subscribers in Bangladesh.
• Internet Packages Range of data packages including daily, weekly, and monthly packs with various data volumes (3GB to 250GB), combo packs with minutes, and unlimited data options up to 15 Mbps speed for prepaid and postpaid subscribers.
• GP Family Pack
• Flexiplan
• New SIM Offer
• Voice Packages
• International Roaming Services International roaming packages available in BDT including daily internet packs, combo packs, regional travel packs, and Umrah/Hajj packages. First in Bangladesh to offer roaming purchase using mobile balance.
• Grameenphone 4G Network Service
• Grameenphone 5G Network Service Fifth-generation mobile network service commercially launched September 2025 across all divisional cities, offering up to 5x faster speeds than 4G and 30% lower latency with no additional cost beyond existing data packs.
• eSIM Service
• MyGP App
• OneGames Gaming Platform
• GPStar Loyalty Program
• GP Points Rewards
• IoT Solutions (ALO Connect)
• Business Mobility
• Cloud Solutions (M-reporting)
• Corporate Messaging
• Audio Conferencing Service
• Workforce Management
• Enterprise Connectivity
• Smart Solutions
• GP Ads
• MyGP Enterprise
• G Pay Mobile Financial Services
• AppCity App Discovery Platform
• ISD Tariff (International Calling)
• Proton Jet 4G Co-Branded Feature Phone Co-branded cloud feature phone with RFL Electronics — Bangladesh's lowest-priced 4G feature phone at BDT 2,050 with built-in MyGP app, 4G VoLTE, video calling, 2.4-inch QVGA display, and 2,000 mAh battery.
• Cardless EMI Smartphone Purchase (with PalmPay) First worry-free EMI smartphone bundle in Bangladesh combining smartphone purchase with 4/6/9-month GP combo packs via PalmPay without credit card requirement, available across 5,500+ PalmPay retailers.
• AI-Driven Fraud Management (Mobileum)

Quantifiable outcome

• Enhanced indoor and rural coverage through 700 MHz deployment
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability2 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• BioscopeminorChannel Partner/ Reseller/ Distributor · 5 June 2026Grameenphone's streaming platform Bioscope partnered for FIFA World Cup broadcasting in Bangladesh, with matches streamed digitally alongside Toffee (Banglalink). Broadcasting costs shared between satellite channels and telecom operators.
• MobileumcoreTechnology or Integration · 24 March 2026Deployment of Mobileum's AI-driven risk management platform at Grameenphone to combat rising 5G security threats and fraud. The platform has helped reduce fraud exposure and improve customer experience while supporting revenue protection and network optimization efforts.
• Glafit BangladeshcoreStrategic or Co-development Partner · 4 December 2025Strategic partnership to advance electric mobility in Bangladesh by integrating Grameenphone's ALO Connect M2M IoT platform with Glafit's electric mobility technologies. The collaboration establishes smart battery exchange stations and introduces IoT-enabled smart meters for electric motorcycles and scooters, formalized through a Memorandum of Understanding.
• NetflixminorChannel Partner/ Reseller/ Distributor · 1 December 2025Grameenphone offers Netflix redeem codes through Onegames platform, allowing customers to purchase Netflix credits with BDT. Available denominations: $20 for BDT 3,165, $25 for BDT 4,060, $30 for BDT 4,703, $50 for BDT 7,929.
• TapmadminorChannel Partner/ Reseller/ Distributor · 12 October 2025Pakistani OTT platform Tapmad partnered with Grameenphone to offer sports content in Bangladesh, expanding Tapmad's footprint into the Bangladeshi market with major global sporting events.
• MIMPEX Agrochemicals Ltd and Goodman Pharmaceuticals LtdcoreStrategic or Co-development Partner · 28 September 2025Strategic partnership agreement to jointly develop ICT and mobility solutions for the agriculture and pharmaceutical sectors in Bangladesh. The MoU signing ceremony in Dhaka brings together telecommunications, agrochemicals, and pharmaceutical expertise to drive digital transformation across vital industries.
• PalmPaycoreChannel Partner/ Reseller/ Distributor · 1 September 2025Cardless EMI partnership enabling smartphone purchases through PalmPay app without credit cards. Grameenphone bundles data packages (50GB-360GB) with device purchases over 4-9 month installments through 5,500+ PalmPay retailers. Partner Chetona handles EMI terms.

Scale indicators13 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Robi Axiata Limited: Robi is Bangladesh's second-largest mobile operator and the most direct competitor to Grameenphone, offering 4G/5G services, voice, data, and enterprise IoT to overlapping consumer and B2B segments in the same single market.
• Banglalink Digital Communications: Banglalink is the third-largest mobile operator in Bangladesh (subsidiary of VEON), competing head-to-head with Grameenphone and Robi on 4G data plans, voice tariffs, and digital services to the same consumer base.
• Teletalk Bangladesh Limited: Teletalk is Bangladesh's state-owned mobile operator, the smallest of the four licensees and a direct competitor to Grameenphone in the same market, often competing on price in rural and government segments.

Broad incumbents

• Bharti Airtel Limited: Bharti Airtel is one of India's largest MNOs with a similar emerging-market consumer + enterprise + IoT + digital services model; it offers overlapping capabilities across South Asia and serves as a key regional benchmark for ARPU and data monetization.
• VEON Ltd: VEON is the parent of Banglalink and a major emerging-markets telecom group with operations across CIS and South Asia; it provides a directly comparable South-Asian MNO group benchmark and competitor in the same market as Grameenphone.
• Reliance Jio Infocomm: Reliance Jio is India's largest mobile operator and a benchmark emerging-market MNO that has driven aggressive 4G/5G rollout, low pricing, and digital ecosystem expansion — providing a useful reference point for Grameenphone's data-monetization trajectory.
• Axiata Group Berhad: Axiata is the parent of Robi Axiata and a major emerging-markets telecom group across South and Southeast Asia; it provides a directly comparable South-Asian MNO operating model and benchmark for Grameenphone's portfolio strategy.

Others

• Telenor Group: Telenor is the parent company of Grameenphone and a major Nordic/South-Asian telecom operator; while not a direct competitor, its portfolio strategy, capex allocations, and capital-return decisions directly drive Grameenphone's strategic direction.

Regional players

• PLDT Inc. PLDT is the Philippines' largest integrated telecom operator with consumer mobile, fixed broadband, and enterprise services; while geographically separate, its mix of consumer mobile + fixed + enterprise + digital services provides a comparable emerging-market telecom business model.
• Dialog Axiata PLC: Dialog is Sri Lanka's largest mobile operator, also part of the Axiata Group; it operates a similar 4G/5G + digital services + enterprise IoT stack in a comparable South-Asian emerging market, making it a useful regional comparable for Grameenphone.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Grameenphone
• Facebookfacebook.com/grameenphone
• LinkedInlinkedin.com/company/14043

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grameenphone