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Mon, Feb 18, 2019 9:47 PM
Sun, Feb 10, 2019 7:07

GP declared SMP operator

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Grameenphone has been declared as a Significant Market Power (SMP) operator, a move that will lead to curbs on the leading operator

Dhaka: Grameenphone has been declared as a Significant Market Power (SMP) operator, a move that will lead to curbs on the leading operator.

In a letter to the market leader, Bangladesh Telecommunication Regulatory Commission (BTRC) informed their decision that will ultimately restrict Grameenphone’s growth of their business.

The copy of the letter was also sent all other mobile operators.

The letter reads that the telecom watchdog will determine some dos and don’ts for the SMP operator.

The SMP is a regulation that imposes restrictions on an operator once it corners 40 per cent of the subscribers, revenues and spectrum.

In two category BTRC found Grameenphone SMP in terms of customer its base and annual revenue.

As of December, last year, Grameenphone holds 46.33 percent share of the active customer base. For the last few years, the operator's revenue share has been more than 50 percent.

Robi, the second largest player, has 29.87 per cent market share while Banglalink and Teletalk enjoy 21.35 percent and 2.46 percent market share respectively.

Till the end of December, GP’s active number stood at 7.27 and it logged a record Tk 3,520 crore profit last year, its highest to date, driven by significant growth in voice and data revenue.

 

newsbangladesh.com/nbd