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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 - 01/20
375.9 BDT   -1.88%
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
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Grameenphone : will deposit outstanding BDT1000 crore to BTRC

05/19/2020 | 09:17am EST

Grameenphone has decided to pay the balance adjustable deposit of BDT 1000 crore to BTRC within May 31, 2020, following the order of the Hon'ble Appellate Division on Grameenphone's review petition on February 24, 2020, relating to the injunction.

In this regard, the company had previously deposited BDT 1000 crore to the BTRC on February 23, 2020 with this payment, a total of BDT 2000 crore will have been deposited to the regulator.

Grameenphone respects the legal system of Bangladesh, the Hon'ble 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.

Grameenphone reiterates that it disputes the validity of the BTRC audit and the claim. Its ambition is to resolve the audit dispute, either through an amicable and transparent solution with the relevant authorities or before the Hon'ble Courts.

With this balance adjustable deposit, Grameenphone will have fully complied with the Hon'ble Court directions relating to the injunction. GP appreciates the recent collaboration with the regulator and looks forward to the continued cooperation to fully restore normal operations.

Md Hasan,

Head of External Communications

Email: md.hasan@grameenphone.com

Phone: 8801711082469

About Grameenphone Ltd.

Grameenphone, part of the Telenor Group, is a leading telecommunications service provider in Bangladesh with more than 76 million subscribers. Since its inception in 1997, Grameenphone has built the largest cellular network in the country, covering nearly 95 percent of the country's population. With its brand promise to enable customers to 'Go beyond', Grameenphone seeks to help customers get the full benefit of mobile data and voice services and provide Internet For All. Grameenphone is listed on the Dhaka Stock Exchange. www.grameenphone.com: www.facebook.com/grameenphone

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
GRAMEENPHONE LTD. -1.88% 375.9 End-of-day quote.8.30%
TELENOR ASA 0.89% 147.65 Real-time Quote.0.31%
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 6,65%
Capitalization 508 B 5 981 M 5 992 M
Capi. / Sales 2020 3,52x
Capi. / Sales 2021 3,31x
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 375,90 BDT
Spread / Highest target 18,6%
Spread / Average Target 9,25%
Spread / Lowest Target -6,62%
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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