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It has recently started a mobile phone operation in Pakistan.
Telenor uses the expertise it has gained in its home and international markets for the development of emerging markets like Bangladesh.
GSM brings the most advanced developments in cellular technology at a reasonable cost by spurring severe competition among manufacturers and driving down the cost of equipment. The Service: Grameen Phone believes in service, a service that leads to good business and good development.
Telephony helps people work together, raising their productivity.
Grameen Phone’s fourth partner is Grameen Telecom (with 35%), and Grameen Telecom borrowed US.6 million from the Open Society Institute to set up Village Phone.
Grameen Phone launched service in urban Dhaka on March 26, 1997.
The Company launched its service on March 26, 1997, the Independence Day of Bangladesh.
Both are dedicated to Bangladesh and its struggle for economic progress and have a deep commitment to Grameen Phone and its mission to provide affordable telephony to the entire population of Bangladesh.
Telenor Mobile Communications: Telenor is the leading Telecommunications Company of Norway listed in the Oslo and NASDAQ Stock Exchanges. Telenor has played a pioneering role in development of cellular communications.
It was established by Grameen Bank to organize and assist those Grameen bank borrowers who wish to retail telephone services in the rural areas.
Marubeni Corporation – A leading investment and trading company from Japan.
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Grameen Bank borrowers who provide the services are uplifting themselves economically through a new means of income generation while at the same time providing valuable phone service to their fellow villagers. Share Holding Structure: The shareholders of Grameen Phone contribute their unique, in-depth experience in both telecommunications and development.