Compensation Techniques

 Compensation Methods Essay

Grameenphone LTD.

About GP

Grameenphone has become the leading telecoms service provider in the area with more than 18 million subscribers as of 12 , 2007. Currently, there are about 30 million telephone users in the country, that, a little above one million will be fixed-phone users and the relax mobile phone members. Starting their operations about March 21, 1997, the Independence Day time of Bangladesh, Grameenphone has come a long way. It is a joint venture venture between Telenor (62%), the biggest telecommunications provider in Norwegian with cellphone operations in 12 additional countries, and Grameen Telecom Corporation (38%), a non-profit sister concern of the internationally acclaimed micro-credit pioneer Grameen Bank. Over time, Grameenphone happens to be a pioneer in presenting new products and services in the local market. DOCTOR was the first company to introduce GSM technology in Bangladesh mainly because it launched its services in March 97. The scientific know-how and managerial competence of Telenor has been a key component in establishing such an foreign standard cellular phone operation in Bangladesh. Being one of the pioneers in developing the GSM assistance in The european countries, Telenor has also helped to transfer this knowledge to the local employees over the years. The business has up to now invested much more than BDT 15, 700 crore (USD 1 ) 6 billion) to build the network system since its creation in 1997. It has put in over BDT 3, 90 crore (USD 450 million) during the initially three quarters of 2007 although BDT two, 100 crore (USD 310 million) was invested in 2006 alone. Grameenphone is also among the largest taxpayers in the country, having contributed nearly BDT 7000 crore in direct and indirect taxes to the Government Exchequer over the years. Of this amount, over BDT 2000 crore was paid in 2006 only.


Nov 28, 1996: GrameenPhone was offered a cellular license in Bangladesh by the Ministry of Blogposts and Telecoms. March 26, 1997: GrameenPhone launched the service for the Independence Day time of Bangladesh; June 1998: GP started out its solutions in the slot city of Chittagong, the second largest city in the country. Cell to cell coverage in the Dhaka-Chittagong corridor likewise enabled GP to bring in its service in a number of different districts on the way; September 99: GP started its support in the professional city of Khulna. Once again, several other districts received coverage of GP due to cell to cell protection between Dhaka and Khulna. Earlier in September 1999, it launched the EASY pre-paid service in the local market. It also introduced the Voice MailService (VMS) as well as the Short Meaning Service (SMS) and other Value Added Services (VAS);

June 2000: GrameenPhone started out its services in Sylhet, Barisal and Rajshahi, bringing all half a dozen divisional headquarters under the insurance of it is network. The service in Barisal region was started out after the microwave link between Khulna and Chittagong was completed. Aug 2003: Following six a lot of operation, GrameenPhone has more than one million clients; November 2006: GrameenPhone continue to be being the greatest mobile phone operator of Bangladesh with more than 5 million clients; November 16, 2006: After almost ten years of operation, GrameenPhone provides over 15 million subscribers. September 20, 2007

Grameenphone announces 12-15 million subscribers.

Since its creation in 03 1997, Grameenphone has built the biggest cellular network in the country with over 12, 000 base stations in more than 5700 locations. Currently, nearly 98 percent from the country's population is within the coverage area of the Grameenphone network. GP was also the first operator to introduce the pre-paid service in September 1999. In addition to core words services, GrameenPhone offers numerous value-added providers, in each case on both an agreement and pre-paid basis. It established the first 24-hour Call Center, launched value-added software program as...