GP invested Tk 35.50b in 2007 to increase network capacity
Friday, 15 February 2008
Grameenphone (GP) made fresh investments of more than Tk 35.50 billion (3550 crore) last year (2007) to further increase the capacity and coverage of its nationwide network.
This brings the total investment of GP to over Tk 111.50 billion (11150 crore) since its inception in 1997, including Tk 21.50 billion (2150 crore) invested in 2006.
"We had robust growth last year and the company is well-poised for further growth in the coming years. GP is committed to ensure a quality network, offer innovative products and services and provide committed aftersales service to its valued customers," observed GP Chief Executive Officer (CEO) Anders Jensen.
"As such, we have continued to make large investments in the network. With more than 10,000 base stations in over 6,000 locations around the country, the Grameenphone network already covers more than 98 per cent of the population," he added.
The subscriber-base increa-sed to 16.5 million during last year, up from 10.8 million at the end of 2006. The subscriber market-share remained stable during the year. According to the figures published by the Bangladesh Telecommunications Regulatory Commission (BTRC), GP's market share was about 48 per cent at the end of the year.
This brings the total investment of GP to over Tk 111.50 billion (11150 crore) since its inception in 1997, including Tk 21.50 billion (2150 crore) invested in 2006.
"We had robust growth last year and the company is well-poised for further growth in the coming years. GP is committed to ensure a quality network, offer innovative products and services and provide committed aftersales service to its valued customers," observed GP Chief Executive Officer (CEO) Anders Jensen.
"As such, we have continued to make large investments in the network. With more than 10,000 base stations in over 6,000 locations around the country, the Grameenphone network already covers more than 98 per cent of the population," he added.
The subscriber-base increa-sed to 16.5 million during last year, up from 10.8 million at the end of 2006. The subscriber market-share remained stable during the year. According to the figures published by the Bangladesh Telecommunications Regulatory Commission (BTRC), GP's market share was about 48 per cent at the end of the year.