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Chapter 3: Company Background
3.1 Business of the Company
Starting its operations on March 26, 1997, the Independence Day of Bangladesh, Grameenphone has come a long way. It is a joint venture enterprise between Telenoor (62%), the largest telecommunications service provider in Norway with mobile phone operations in 12 other countries, and Grameenphone Telecom corporation (38%), a non-profit sister concern of the internationally acclaimed micro-credit pioneer Grameen Bank.
Over the years, Grameenphone has always been a pioneer in introducing new products and service in the local market. GP was the first company to introduce GSM technology in Bangladesh when it launches its services in March 1997. The technological know-how and managerial expertise of Telenor has been instrumental in setting up such an international standard mobile phone operation in Bangladesh. Being one of the pioneers in developing the GSM service in Europe, Telenor has helped to transfer this knowledge to the local employees over the years.
