GP holds 29th annual general meeting

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The 29th Annual General Meeting (AGM) of Grameenphone Ltd. concluded successfully on 20 April 2026. In alignment with the guidelines laid out by the Bangladesh Securities and Exchange Commission (BSEC), Grameenphone held its AGM virtually over a digital platform, ensuring seamless engagement of shareholders, which remains vital to the company’s collective growth and long-term value creation, a press release said.

Jon Omund Revhaug, Chair of the Grameenphone Board, Yasir Azman, Chief Executive Officer (CEO), Otto Magne Risbakk, Chief Financial Officer (CFO), S.M. Imdadul Haque, Company Secretary, along with other Board members and senior officials of the company attended the AGM.

Jon Omund Revhaug, Chair of the Grameenphone Board, said, “While 2025 marked a year of steady progress for Grameenphone, we see that 2026 will continue to test our resilience. Against a continued challenging macroeconomic backdrop, our focus remained on strengthening fundamentals, maintaining discipline, and being a trusted partner for our customers in a rapidly digitalizing world. We remain focused on delivering advanced and reliable connectivity, and in parallel, we advanced our sustainability and inclusion agenda, reaching millions through digital skills and online safety initiatives. As we move forward, we will continue to enable a resilient, inclusive, and future-ready digital ecosystem for a safer and smarter tomorrow.”

Yasir Azman, CEO of Grameenphone, said, “In 2025, we reported a marginal decrease in total revenue to BDT 158.1 billion, with a subscriber base of 83.9 million, of which 48.7 million are internet users. Net Profit After Tax came under some pressure to stand at BDT 29.6 billion, despite strong cost discipline in the face of continued macroeconomic pressure. Amid these challenges, we continued to strengthen our digital ecosystem and processes by expanding platforms such as Bioscope+ and OneGame, introducing GP Shield to enhance digital safety, and progressing with 5G rollout following its launch across all divisional headquarters, aligned with enterprise and industrial demand. Additionally, MyGP continued to strengthen its position as the country’s leading self-service platform, now serving over 22.5 million users and driving greater digital engagement through hyper-personalized offerings and simplified customer journeys. Grameenphone also took a decisive step toward becoming an AI-native Telco-Tech company by embedding AI across network operations, customer service and engagement, product development, and decision-making, while enabling access to AI tools for all employees. With our modernized and efficient network and core systems, and with BDT 121.6 billion contributed to the national exchequer alongside continued investments in connectivity and digital inclusion, we are focused on delivering consistent value to our customers, shareholders, and the broader economy. Looking ahead, we remain committed to responsible growth, AI-driven innovation, and strengthening our position as Bangladesh’s most trusted digital connectivity partner.”

 

During the meeting, the Shareholders approved a total cash dividend for 2025 at the rate of 215% of the paid-up capital, amounting to BDT 21.5 per share of BDT 10 each, representing 98.2% of the Profit After Tax for the year.

To read the full annual report, visit: Annual Report 2025 | Grameenphone.

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