Revenue distribution by sectors:

1. Mobile services: approx. 70%
2. Data and internet services: approx. 25%
3. Other services (e.g. digital services): approx. 5%

TOP 3 markets:

1. Dhaka: approx. 40%
2. Chittagong: approx. 25%
3. Khulna: approx. 15%

Grameenphone Ltd. generates the majority of its revenue from mobile services, with a significant portion also coming from data and internet services. The market in Dhaka is the largest, followed by Chittagong and Khulna, reflecting the concentration of economic activities in these regions. These markets are crucial for the company as they have the highest population densities and the strongest demand for telecommunications services.

Production Sites: No in-house production

Grameenphone Ltd. is a telecommunications company and does not engage in the production of physical products. The company offers mobile services and digital services, focusing on operating and maintaining its telecommunications network in Bangladesh.

Infrastructure and network equipment are typically sourced from international providers specializing in the manufacturing of telecommunications equipment. Grameenphone collaborates with global technology partners to deliver and enhance its services.

Current Growth Strategy of Grameenphone Ltd.:

1. Digitization and Technological Innovation: Grameenphone is increasingly focusing on digitizing its services to enhance customer experience and explore new revenue streams. This includes investments in 5G technology and the development of digital platforms.

2. Expansion of Network Coverage: The company plans to expand its network coverage in rural and underserved areas to attract new customers and strengthen market presence.

3. Sustainability and Environmental Awareness: Grameenphone is committed to promoting sustainable business practices by optimizing energy consumption and utilizing renewable energy sources.

4. Partnerships and Collaborations: Through strategic partnerships with technology companies and startups, Grameenphone aims to offer innovative solutions and solidify its market position.

These strategies aim to secure Grameenphone's market leadership in Bangladesh while also tapping into new growth opportunities.

Main Imported Materials: Telecommunications equipment, network technology, mobile devices

Countries of Origin: China, South Korea, USA, Germany

Grameenphone Ltd. mainly imports telecommunications equipment and network technology necessary for the operation and expansion of their mobile networks. These materials primarily come from China and South Korea, the leading manufacturers of telecommunications devices.

In addition, the company sources specialized technologies and software solutions from the USA and Germany, essential for optimizing and operating their networks. These imports are crucial to ensuring Grameenphone's technological standard and competitiveness in the Bangladeshi market.

Market share: 46% (2025, estimate) Customer base: Over 80 million users (2025) EBITDA margin: 60% (2025)

Grameenphone Ltd. has a significant competitive advantage in the Bangladeshi telecommunications market. With an estimated market share of 46% in 2025, the company is the leading mobile operator in Bangladesh. This strong market position is supported by a broad customer base of over 80 million users.

The high EBITDA margin of 60% demonstrates the efficiency and profitability of the company compared to its competitors. Grameenphone benefits from its established infrastructure, brand recognition, and support from its parent company Telenor.

Additionally, the company continuously invests in network expansion and technological innovations, further strengthening its position. Despite increasing competition, Grameenphone remains well positioned to maintain its market leadership due to these factors.

Institutional Investor Share: Approximately 60% (estimated for 2026 based on historical data)

Insider Purchases/Sales: No specific data available for 2026

The institutional investor share in Grameenphone Ltd. has traditionally been around 60%, reflecting the interest of large investors in stable telecommunications companies in emerging markets. These investors value Grameenphone's consistent cash flows and market leadership in Bangladesh.

Current data on insider purchases or sales for the year 2026 is not available. Historically, such activities at Grameenphone have been relatively low, indicating stable corporate governance and a low level of speculative transactions.

Market share of Grameenphone Ltd.: 46% (estimated for 2026)

Top competitors and their market shares:

1. Banglalink: 25%
2. Robi Axiata: 24%
3. Teletalk: 5%

Top 4 companies by market share:

1. Grameenphone Ltd.: 46%
2. Banglalink: 25%
3. Robi Axiata: 24%
4. Teletalk: 5%

Moat of Grameenphone Ltd.:

Grameenphone Ltd. has a significant moat, which is manifested by several factors. The company benefits from strong brand recognition and an extensive network that provides high coverage and reliability. This leads to high customer satisfaction and loyalty.

Another advantage is the financial strength of Grameenphone, which enables the company to continuously invest in infrastructure and technology. This not only ensures the quality of services but also allows for innovations that further enhance the competitive advantage.

Compared to competitors, Grameenphone has better network coverage and service quality, which can be considered a key moat. While Banglalink and Robi Axiata also have strong market positions, they lack the same reach and brand strength. Teletalk, as a state-owned provider, has a lower market share and is often less flexible in adapting to market changes.

Overall, Grameenphone has a significant advantage over its competitors, especially due to its established market leadership and the ability to quickly respond to market changes.

Revenue Growth: 5.2% (2025) Net Income: 12.4 billion BDT (2025) Market Share in Bangladesh: 46% (2025)

Grameenphone Ltd. recorded a moderate revenue growth of 5.2% in 2025, indicating stable demand for telecommunications services in Bangladesh. The company holds a significant market share of 46%, highlighting its leading position in the market.

The net income of 12.4 billion BDT demonstrates solid profitability, supported by efficient cost management and a strong customer base. Grameenphone benefits from increasing digitization and rising demand for mobile data in Bangladesh.

Future investments in network infrastructure and the introduction of new technologies could further enhance growth potential. However, investors should also consider regulatory risks and competition in the telecommunications sector.

Overall, Grameenphone Ltd. appears to be a potentially good investment due to its strong market position and solid financial performance, especially for investors interested in long-term growth in the telecommunications sector.

Dividend Yield: 6.5% (2025)
Dividend History: Steady payout over the last 5 years

Grameenphone Ltd. has pursued a consistent dividend policy in recent years. The dividend yield of 6.5% in 2025 indicates that the company offers an attractive payout to its shareholders.

The reliability of dividend payment is supported by Grameenphone's stable financial performance and strong market position. The company has consistently paid dividends over the past five years, reflecting solid profitability and sustainable business operations.