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GrameenPhone plans to buy other operators: Two or three mobile cos too many for Bangladesh

Staff Reporter
GrameenPhone Ltd, the leading mobile-phone company said it may buy other operators as competition intensifies from rivals, including Orascom Telecom Holding SAE, in order to maximise profit.
The compnay may complete a share listing on the Dhaka stock exchange next year. The proposed stock offering will be the biggest in Bangladesh, Chief Executive Officer Anders Jensen said in Macau in an interview with Boomberg Com Asia yesterday.
“We are always seeking to extend our footprint,” he said, adding, “The six wireless carriers are operating in the country. [Read more]

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