Science and Technology Desk: In the third quarter of this year (July-September), Grameenphone Limited has earned a revenue of Tk 3,950 crore. Which is 3.8 percent less than the same period last year. At the end of the third quarter, the company's customer base stood at 8.46 million.
Grameenphone
Moreover, 58.3 percent of Grameenphone's total customers, i.e. 4 crore 93 lakh customers, are using internet services. Grameenphone informed this information in the press release sent to the media on Tuesday (October 29).
Grameenphone Chief Executive Officer (CEO) Yasir Azman said, this quarter was quite challenging for us. We have to prove our resilience in economic, political and natural disaster situations. Despite these challenges, we have been able to maintain our financial and operational strength by continuing to invest in strategic growth areas.
He said, our company's sustainable procurement strategy is not limited to its own operations. This extends to our supply chain partners, who are actively practicing sustainable practices. As of September 2024, 72 percent of the total spend allocated to our suppliers has been spent on companies that have committed to reducing carbon emissions.
Chief Financial Officer (CFO) of Grameenphone Limited, Otto Risback, said, “This quarter has given us an opportunity to check the stability of our business. The third quarter started with a positive trend. But several days of instability and internet shutdowns and unprecedented flooding in various regions have had a major impact on the economy and our business.
He said, "Our strong cash flow and balance sheet gives us the opportunity to invest and innovate for the long term." Also managed to maintain an attractive dividend policy for shareholders. Our planned investments and diversified business will be instrumental in ensuring stable cash flow in the future as well.