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MarketScreener Homepage  >  Equities  >  Dhaka Stock Exchange  >  Grameenphone Ltd.    GP   BD0001GP0004

GRAMEENPHONE LTD.

(GP)
  Report
End-of-day quote. End-of-day quote Dhaka Stock Exchange - 01/25
370.1 BDT   -0.70%
01/12GRAMEENPHONE : results for 4th quarter 2020
AQ
2020TELENOR : Grameenphone - results for the third quarter 2020
AQ
2020GRAMEENPHONE LTD. : Ex-dividend day for interim dividend
FA
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Grameenphone : GP pays another Tk 1000 crore to BTRC

05/20/2020 | 04:07pm EST

Private mobile operator Grameenphone (GP) on Tuesday deposited another Tk 1,000 crore to Bangladesh Telecommunication Regulatory Commission (BTRC) as ordered by the apex court.

BTRC Chairman Jahurul Haque came up with the information through an online briefing.

'GP earlier deposited TK 1000 crore and now they have deposited rest Tk1000 crore . This money will help government during the coronavirus crisis,' he said adding,' I hope, Grameen Phone will pay the remaining amount soon.'

The BTRC chairman said that they will sit for discussion with Grameenphone on payment of rest amount.

Grameenphone CEO Yasir Azman, said that they will hold discussion with BTRC on rest of the money after the end of coronavirus crisis.

Earlier, on February 23, the company had deposited Tk 1000 crore to the BTRC following the Appellate Division's order to pay the amount within Feb 24.

On November 24 last year, the Appellate Division asked GP to pay Tk 2,000 crore of Tk 12,579.95 crore dues claimed by BTRC within three months.

BTRC claimed the dues in 27 sectors from the mobile operator but failed to recover the money. Later, BTRC sent a notice to GP threatening to revoke its licence on April 2 last year.

GP had sought a temporary injunction on the notice which was turned down by the court on August 28 that year. The mobile operator later filed an appeal with the High Court.

On October 17, the court imposed a two-month injunction on realisation of dues from GP. BTRC later moved the Appellate Division against the order.

GP said it respects the legal system of Supreme Court's direction, and looks forward to the continued court protection to run regular business operations, improve customer experience, bring confidence back in the business environment and protect the value of its shareholders.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
GRAMEENPHONE LTD. -0.70% 370.1 End-of-day quote.6.63%
TELENOR ASA -0.45% 145.35 Real-time Quote.0.07%
All news about GRAMEENPHONE LTD.
01/12GRAMEENPHONE : results for 4th quarter 2020
AQ
2020TELENOR : Grameenphone - results for the third quarter 2020
AQ
2020GRAMEENPHONE LTD. : Ex-dividend day for interim dividend
FA
2020GRAMEENPHONE : second quarter 2020 results
AQ
2020GRAMEENPHONE : GP continues to work with BTRC for best practice SMP framework
AQ
2020GRAMEENPHONE : GP launches VoLTE to serve customers better all across Bangladesh
AQ
2020GRAMEENPHONE : GP appoints Kazi Mahboob Hassan as chief business officer
AQ
2020GRAMEENPHONE : GP completes handover of 50,000 PPEs to hospitals
AQ
2020GRAMEENPHONE : GP pays another Tk 1000 crore to BTRC
AQ
2020GRAMEENPHONE : will deposit outstanding BDT1000 crore to BTRC
AQ
More news
Financials
Sales 2020 144 B 1 700 M 1 700 M
Net income 2020 - - -
Net Debt 2020 - - -
P/E ratio 2020 -
Yield 2020 6,81%
Capitalization 496 B 5 844 M 5 851 M
Capi. / Sales 2020 3,44x
Capi. / Sales 2021 3,24x
Nbr of Employees 2 161
Free-Float 100,0%
Chart GRAMEENPHONE LTD.
Duration : Period :
Grameenphone Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 410,67 BDT
Last Close Price 367,10 BDT
Spread / Highest target 21,5%
Spread / Average Target 11,9%
Spread / Lowest Target -4,39%
Managers and Directors
NameTitle
Yasir Azman Chief Executive Officer
Jørgen C. Arentz Rostrup Chairman
Jens Becker Chief Financial Officer
Rade Kovacevic Chief Technology Officer
Mohammad Shahjahan Non-Executive Director
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