Second Quarter 2024: Continued growth momentum driven by strategic focus on AI, network enhancement and customer-centric digital offerings

[Dhaka, 16 July, 2024] Grameenphone Ltd. reported a total revenue of BDT 42.2 billion for the second quarter of 2024, registering a growth of 5.6% from the same period last year. The Company acquired 2.3 Mn new subscribers, reaching 85.3 Mn total subscribers at the end of the second quarter. 58.3% of Grameenphone’s total subscribers, or 49.7Mn, are using internet services. 

 

Key Figures (BDT)

Q2 2024

Revenues (Bn)

42.2

Revenues Growth YoY

5.6%

Net Profit After Taxes (Bn)

8.6

NPAT Margin

20.4%

EBITDA Margin

60.4%

Earnings Per Share

6.38

Capex (excl. license, lease & ARO) (Bn)

4.6

 

“The macroeconomic headwinds that have been prevalent since last year exacerbated due to central banks' continued tightening policies, calibration of energy prices while reducing subsidies, increase of supplementary duties and the effects of natural disasters such as cyclones and flood. Despite these challenges, we remained focused on our growth strategies and showed stability in our performance by delivering consistent growth in topline and EBITDA. Our MyGP app continues to be the largest local self-service app in Bangladesh with now a staggering 20 million monthly active users.”, said Yasir Azman, CEO of Grameenphone Ltd. “Focusing on the utilization of AI technologies, we have introduced smart & adaptive strategies such as deploying an AI-powered dynamic network optimization system that delivers seamless connectivity based on real-time movement. At Grameenphone, we are deeply committed to building a sustainable future and making a positive difference in the communities we serve. We strategically partner with businesses that share our values and actively support ESG (Environmental Social Governance) initiatives as a crucial aspect of our social and economic responsibilities bestowed upon us as leaders in this industry” he added. 

“We are now through the first half of the year, and I am pleased to see that after a good Q1, we continue to see good progress across all metrics and segments in this quarter as well. In Q2, we saw good trends on ARPU and Subscriber sides and increased our growth rate to 6.4% YoY growth in Subscription & Traffic Revenue, up from 5.2% in the previous quarter. Through relentless focus on efficiency and automation, we have been able to offset cost pressure and deliver a solid EBITDA margin of 60.4%. This was the thirteenth consecutive quarter of growth in both topline & EBITDA. I am particularly pleased to report that supported by the positive momentum and strong balance sheet, the Board has recommended an interim dividend of 16 taka per share to be paid out this quarter.” said Otto Risbakk, CFO of Grameenphone Ltd.

Release Date

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Grameenphone VoLTE

Grameenphone VoLTE

Grameenphone VoLTE brings you the next generation of voice communication through advanced technology. This new technology enables its consumers to make voice call through 4G network instead of switching to 2G or 3G network. The benefits of VoLTE include crystal clear voice quality which is better than 2G and 3G networks, ability to connect calls much faster and greatly improved device battery life.

Benefits of Grameenphone VoLTE

Fastest Call Connection Connect calls much faster than before
Ultra HD Voice Call Have crystal clear conversations
Simultaneous Voice & InternetMake calls without disrupting 4G internet sessions
Better Battery Performance
Save battery charge & improve battery life
 

To Try Out Grameenphone VoLTE

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Grameenphone VoLTE Header Section

Grameenphone VoLTE

Grameenphone VoLTE brings you the next generation of voice communication through advanced technology. This new technology enables its consumers to make voice calls through 4G network instead of switching to 2G or 3G network. The benefits of VoLTE include crystal clear voice quality which is better than 2G and 3G networks, the ability to connect calls much faster and greatly improved device battery life.

Benefits of GP VoLTE Service

Ultra HD Voice Call

Better Battery Performance

Fastest Call Connection

Simultaneous Voice & Internet

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GPAY কিভাবে কাজ করে?

GPAY ব্যবহারের ক্ষেত্রে, গ্রাহকগণ অ্যাপ স্টোর/গুগল স্টোর থেকে GPAY মোবাইল অ্যাপ ডাউনলোড এবং এই অ্যাপটির মাধ্যমে রেজিস্ট্রেশন করতে পারবেন। গ্রাহকগণ চাইলে যেকোনো মোবাইল হ্যান্ডসেট থেকে *৭৭৭# ডায়াল করে রেজিস্ট্রেশন করতে পারবেন। রেজিস্ট্রেশন সম্পূর্ণ হলে, গ্রাহকগণ উপরে উল্লিখিত যেকোনো সার্ভিসের বিল পরিশোধ করতে পারবেন। GPAY ওয়ালেট রিফিল করতে গ্রাহকগণ তাদের ব্যাংক অ্যাকাউন্ট (রকেট, এবি ব্যাংক, ইসলামি ব্যাংক) অথবা যেকোনো মোবিক্যাশ আউটলেট ব্যবহার করতে পারবেন।

                                              GPAY Easy Registration

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Make your own plan and enjoy great savings! Only for GP Customers

Overall:

  • Internet packs can be activated through MyGP, USSD, MFS, IVR, Customer Service, GP website and any other Grameenphone Authorized Retail & Digital Channels
  • Auto-renew option of any internet pack is turned OFF by default (except BS prepaid and post- paid customers). However, customer can turn ON Auto Renewal feature after or during package activation.
  • To turn ON/OFF auto renew option after package activation, visit MyGP or dial *121*3#.
  • To check internet balance, please dial *121*1*4#.
  • After expiration (Volume or Validity) of every internet pack maximum PayGo charge will be 6.95 Taka (inclusive VAT, SD & SC)
  • Unused data Volume will be carried forward if the customer purchases the same pack within the active validity period or in case of successful auto renewal.
  • To Cancel your Internet Package, dial *121*3041#.
  • To enjoy higher internet speed, customers need to use a 4G/5G enabled phone & 4G SIM.
  • Average likely speed will depend on multiple factors such as handset, website visited, distance from BTS, time of the day, etc.
  • To check internet speed customer can visit http://www.speedtest.net (Data Charge Applicable)
  • During pack purchase, any prior subscription free or emergency balance usage will be deducted from the amount recharged for pack or offer purchase. In that case internet pack or Offer that you have selected may not be activated.

Alphanumeric ID

Deno

Validity

USSD code

Auto renewal "start" code

Auto renewal "stop" code

Base volume

GPD250001R

19

1

Scratch Card

N/A

N/A

0.10

GPD250006R

29

1

Scratch Card

N/A

N/A

0.29

GPD250007R

49

3

Scratch Card

N/A

N/A

0.39

GPD250030R

69

1

*121*3969#

N/A

N/A

1.10

GPD250006U

96

1

*121*3096#

N/A

N/A

Uninterrupted daily

Data Packagewith speed

upto 15Mbps,

FUP applicable

GPD250026R

98

3

*121*3091#

N/A

N/A

0.98

GPD250031R

108

3

*121*3908#

N/A

N/A

1.20

GPD250041R

129

3

*121*3129#

N/A

N/A

1.60

GPD250077R

118

3

*121*3188#

N/A

N/A

3.00

GPD250082R

148

7

*121*148#

*6*4*2#

*6*4*2#

2.00

GPD250020R

169

7

*121*3169#

*6*4*2#

*6*4*2#

0.88

GPD250021R

179

7

*121*3179#

*6*4*2#

*6*4*2#

2.10

GPD250027R

198

7

*121*3286#

*6*4*2#

*6*4*2#

2.20

GPD250032R

219

7

*121*3219#

*6*4*2#

*6*4*2#

2.30

GPD250037R

249

7

*121*3249#

*6*4*2#

*6*4*2#

2.40

GPD250005U

269

7

*121*3298#

*6*4*2#

*6*4*2#

Uninterrupted daily

Data Package with speed

 upto 10Mbps,

FUP applicable

GPD250007U

189

30

*121*3189#

*6*4*2#

*6*4*2#

Uninterrupted Social

Data Package

(video app streaming),

FUP applicable

GPD250055R

199

30

*121*3455#

*6*4*2#

*6*4*2#

0.29

GPD250084R

209

30

*121*3209#

*6*4*2#

*6*4*2#

0.87890625

GPD250008U

289

30

*121*3289#

*6*4*2#

*6*4*2#

Uninterrupted Social

Data Package

(social & message app),

FUP applicable

GPD250063R

298

30

*121*3398#

*6*4*2#

*6*4*2#

0.49

GPD250016R

308

30

*121*3297#

*6*4*2#

*6*4*2#

2

GPD250059R

399

30

*121*3399#

*6*4*2#

*6*4*2#

0.68

GPD250086R

429

30

*121*3370#

*6*4*2#

*6*4*2#

2.4

GPD250067R

499

30

*121*3609#

*6*4*2#

*6*4*2#

1

GPD250088R

529

30

*121*3499#

*6*4*2#

*6*4*2#

3

GPD250028R

599

30

*121*3619#

*6*4*2#

*6*4*2#

3.5

GPD250089R

629

30

*121*3599#

*6*4*2#

*6*4*2#

3.5

GPD250033R

699

30

*121*3639#

*6*4*2#

*6*4*2#

4

GPD250090R

728

30

*121*3699#

*6*4*2#

*6*4*2#

4

GPD250038R

798

30

*121*3648#

*6*4*2#

*6*4*2#

4.5

GPD250039R

829

30

*121*3829#

*6*4*2#

*6*4*2#

4.6

GPD250044R

898

30

*121*3898#

*6*4*2#

*6*4*2#

5

GPD250003U

899

30

*121*3888#

N/A

N/A

Uninterrupted daily

Data Packagewith

speed upto 10Mbps,

FUP applicable

GPD250004U

998

30

*121*3999#

N/A

N/A

Uninterrupted daily

Data Packagewith speed

upto 15Mbps,

FUP applicable

GPD250045R

1988

365

*121*3988#

N/A

N/A

50

GPD250009U

1049

Unlimited Validity

*121*3017#

N/A

N/A

25

GPD250010U

1649

Unlimited Validity

*121*3318#

N/A

N/A

50

GPD250011U

2149

Unlimited Validity

*121*3319#

N/A

N/A

75

GPC250037R

149

7

*121*149#

*121*4455#

*121*4456#

0.8GB+30Minutes

GPC250038R

196

7

*121*196#

*121*4455#

*121*4456#

1GB+50Minutes

GPC250039R

217

7

*121*217#

*121*4455#

*121*4456#

2GB+80Minutes+100SMS

GPC250040R

258

7

*121*258#

*121*4455#

*121*4456#

3GB+100Minutes+100SMS

GPC250042R

318

30

*121*308#

*121*4455#

*121*4456#

0.3GB+15Minutes

GPC250064R

398

30

*121*3039#

*121*4455#

*121*4456#

0.5GB+20Minutes

GPC250044R

418

30

*121*398#

*121*4455#

*121*4456#

0.6GB+22Minutes

GPC250066R

498

30

*121*3049#

*121*4455#

*121*4456#

0.6GB+23Minutes

GPC250046R

518

30

*121*518#

*121*4455#

*121*4456#

0.7GB+25Minutes

GPC250069R

598

30

*121*598#

*121*4455#

*121*4456#

0.8GB+30Minutes

GPC250048R

618

30

*121*618#

*121*4455#

*121*4456#

0.9GB+30Minutes

GPC250049R

799

30

*121*799#

*121*4455#

*121*4456#

1GB+50Minutes

GPC250050R

818

30

*121*818#

*121*4455#

*121*4456#

1.5GB+60Minutes

GPC250051R

999

30

*121*999#

*121*4455#

*121*4456#

2GB+80Minutes+100SMS

GPC250052R

1099

30

*121*1099#

*121*4455#

*121*4456#

2.5GB+90Minutes

GPC250053R

1199

30

*121*1199#

*121*4455#

*121*4456#

3GB+100Minutes+100SMS

GPC250054R

2997

365

*121*2997#

N/A

N/A

2GB + 60 Minutes

GPC250053R

1199

30

*121*1199#

*121*4455#

*121*4456#

3GB+100Minutes+100SMS

 

Know More About VoLTE

VoLTE (Voice over LTE) is a technology that enables voice calling over 4G. Also, users can experience HD quality crystal clear voice with faster call setup time. Without VoLTE, your phone must drop back to 2G and 3G during voice calls. VoLTE allows users to stay on the 4G network during voice calls and can continue to have un-interrupted high-speed 4G internet experience. VoLTE calls will be charged in exactly the same manner as 2G and 3G voice calls. There are no additional data charges.

HD Voice Calls: Crystal clear conversations as if you are right next to each other. Faster Call Connect: Call setup time is way faster than normal calls. Efficient Multi-tasking: You can now make calls without disrupting your 4G internet sessions Improved Battery Life: You will experience less battery drain during call and internet sessions. To enjoy our VoLTE services, both caller and receiver should ensure the pre-requisites.

To enjoy our VoLTE services, both caller and receiver should ensure following:

  • USIM/4G SIM. This should be inserted in the SIM slot with data capability and “network mode” as 4G/3G/2G (Auto)
  • VoLTE enabled Handset and enable VoLTE option in the phone
  • To be in GP 4G coverage.
  • Need to have the upgraded OS Software provided by your handset manufacturer

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Discover Offers Tailored Just For You

Find offers and packs made just for you. Moreover, you’ll also get exclusive 10% internet bonus and earn GP Points while buying your favorite packs from .

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Get FREE Internet & SMS With Reward Points

Earn reward points with purchases from MyGP and use them to get exclusive FREE internet and SMS packs.

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Easily Manage Your GP Accounts And Services

Get full control over your package plans, history, and account balance. Easily manage services like FnF, Welcome Tune, and Missed Call Alert. You can also link up to 3 mobile numbers & maximum 15 IoT devices to get full control over your account balance, package, plans and other necessities.

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All new dashboard with everything you need

The all new dashboard lets you check your balance, remaining data, talk-time, and SMS all in a snapshot.

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Explore

Explore the all-new section in MyGP where you can watch sports, movies, drama, play games, stay updated on weather, news and much more.

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Create Your Own Plan With Flexiplan

Now create all your favorite bundles using Flexiplan and enjoy 10% data bonus exclusively on MyGP.

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Discover Offers Tailored Just For You

Find offers and packs made just for you. Moreover, you’ll also get exclusive 10% internet bonus and earn GP Points while buying your favorite packs from MyGP.

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Get FREE Internet & SMS With Reward Points

Earn reward points with purchases from MyGP and use them to get exclusive FREE internet and SMS packs.

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Easily Manage Your GP Accounts And Services

Get full control over your package plans, history, and account balance. Easily manage services like FnF, Welcome Tune, and Missed Call Alert. You can also link up to 3 mobile numbers & maximum 15 IoT devices to get full control over your account balance, package, plans and other necessities.

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