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Grameenphone receives Frost & Sullivan Award consecutively for two years
07 June, 2012

The leading telecom operator of Bangladesh Grameenphone received the “Emerging Market Service Provider of the Year” award at the 2012 Frost & Sullivan Asia Pacific ICT Awards held in Singapore on June 07, 2012.

Grameenphone has been given this recognition in the Service Category for their relentless efforts in delivering exceptional business performance in the year 2011. This is the second time Grameenphone has received this award.

Mr. Mahmud Hossain, Chief Corporate Affairs Officer of Grameenphone accepted this prestigious award on behalf of the company. This year Frost & Sullivan gave these prestigious awards to companies and individuals who have pushed the boundaries of excellence - rising above the competition and demonstrating outstanding performance across Asia Pacific.

Vikas Chanani, Industry Analyst for Mobile & Wireless, Asia Pacific ICT Practice, Frost & Sullivan said, “In 2011, Grameenphone added 6.5 million subscribers and recorded a high subscriber growth rate of 22%. With a 43% market share, they continue to lead the market in Bangladesh. They stand strong in the innovation front with offerings like location-based discount, micro-financing facility for financially constrained segment, e-ticketing and vehicle tracking.”

He further said that Grameenphone’s continuous leadership, innovation service offerings and rapid subscriber and revenue growth distinguishes in making them the deserving award recipient.

Tore Johnsen, CEO of Grameenphone was overwhelmed on receiving this recognition and said, “Grameenphone has always worked their level best to connect people using the magic of closeness. Our superior network quality and pioneering innovation in providing communication solutions has enabled us to become the pioneering mobile phone operator of the nation. This prestigious recognition from Frost & Sullivan will encourage us to take our market-orientated and pro-people services to a newer height.”

Frost & Sullivan is a company that provides cutting-edge innovative growth solutions and strategies to some of the world’s leading Global 1000 companies. With the largest team of analysts in Asia Pacific, Frost & Sullivan ICT Practice is dedicated to researching the ICT industry within this region.