The telecom industry has been one of the overwhelming success stories of the Bangladesh economy over the past decade with mobile subscriber growth exceeding all expectations. The industry grew at such an incredible rate in just a decade that anyone could hardly imagine. Now there are a number of players battling so hard for their respective market share and the consumers as well as the economy benefitted tremendously from this fierce competition. Following the requirement of our given assignment we have selected Telenor, the largest telecommunications company in Norway and its operation as Grameenphone in Bangladesh. In this Assignment paper we tried to follow all the instructions given by our honorable course instructor & have made focus on the required topics. As of September 2010, the BTRC has reported that there are 65.14 million subscribers in Bangladesh and with competition in the sector intensifying; one would expect the rate of growth to remain strong going forward. By extending and developing telecommunication services throughout the country, Telenor (GP) contributes to GDP growth and the development of Bangladeshi society. As a pioneer in the Bangladeshi telecom market, Telenor has a strong foothold from which to face new competition from other major companies in the years to come.
Telenor Group (OSE: TEL, NASDAQ: TELNF) is the incumbent telecommunications company in Norway, with headquarters located at Fornebu, close to Oslo. Today, Telenor Group is mostly an international wireless carrier with operations in Scandinavia, Eastern Europe and Asia, working predominantly under the Telenor brand. It is currently ranked as the sixth largest mobile phone operator in the world, with more than 203 million subscribers. In addition, it has extensive broadband and TV distribution operations in four Nordic Countries, and a 10-year-old research and business line for Machine-to-Machine technology.
History of Telenor:
Telenor started off in 1855 as a state-operated monopoly, named Telegrafverket as a provider of telegraph services. The first ideas for a telegraph were launched within the Royal Norwegian Navy in 1848, but by 1852 the plans were public and the Parliament of Norway decided on a plan for constructing the telegraph throughout the country. Televerket began by building from Christiania (now Oslo) to Sweden (Norway was at that time in a union with Sweden) as well as between Christiania and Drammen. By 1857 the telegraph had reached Bergen (west coast) via Sørlandet (south coast) and by 1871 it had reached Kirkenes (north coast). Cable connections were opened to Denmark in 1867 and to Great Britain in 1869. The telegraph was most important for the merchant marine who now could use the electric telegraph to instantly communicate between different locations, and get a whole new advantage within logistics. Technology
The first telephone service in Norway was offered in 1878 between Arendal and Tvedestrand, while the first international telephone service between Christiania and Stockholm was offered in 1893. Automation of the telephone system was started in 1920 and completed in 1985. In 1946 the first Telex service was offered, and in 1976 satellite telephone connections to oil platforms in the North Sea were installed. In 1980 the first steps to digitalise the telephone network were taken. Televerket opened its first manual mobile telephone system in 1966, being replaced with the automatic NMT system in 1981 and the enhanced NMT-900 in 1986. Norway was the first country in Europe to get an automatic mobile telephone system. The digital GSM system came into use in 1993; the GSM standard was developed in Norway by the Norwegian University of Science and Technology (NTNU), but no mobile phone manufacturers emerged in the country. The third...