The telecom industry has been one of the overwhelming success stories of the Bangladesh economy over the past decade with mobile subscriber growth exceeding all expectations. The industry grew at such an incredible rate in just a decade that anyone could hardly imagine. Now there are a number of players battling so hard for their respective market share and the consumers as well as the economy benefitted tremendously from this fierce competition.
Following the requirement of our given assignment we have selected Telenor, the largest telecommunications company in Norway and its operation as Grameenphone in Bangladesh. In this Assignment paper we tried to follow all the instructions given by our honorable course instructor & have made focus on the required topics.
As of September 2010, the BTRC has reported that there are 65.14 million subscribers in Bangladesh and with competition in the sector intensifying; one would expect the rate of growth to remain strong going forward. By extending and developing telecommunication services throughout the country, Telenor (GP) contributes to GDP growth and the development of Bangladeshi society. As a pioneer in the Bangladeshi telecom market, Telenor has a strong foothold from which to face new competition from other major companies in the years to come.
Telenor Group:
Telenor Group (OSE: TEL, NASDAQ: TELNF) is the incumbent telecommunications company in Norway, with headquarters located at Fornebu, close to Oslo. Today, Telenor Group is mostly an international wireless carrier with operations in Scandinavia, Eastern Europe and Asia, working predominantly under the Telenor brand. It is currently ranked as the sixth largest mobile phone operator in the world, with more than 203 million subscribers.[3] In addition, it has extensive broadband and TV distribution operations in four Nordic Countries, and a 10-year-old research and business line for Machine-to-Machine technology.
History of Telenor:
References: o Telecommunication Industry in BangladePublished on April 30, 2010 by Afzal Noman in Business.