Grameenphone Ltd. concluded its 29th Annual General Meeting (AGM) on Monday, approving a 215% cash dividend for the 2025 financial year.
The meeting was held virtually in compliance with guidelines from the Bangladesh Securities and Exchange Commission (BSEC), enabling shareholders to participate digitally.
The AGM was attended by Board Chair Jon Omund Revhaug, CEO Yasir Azman, CFO Otto Magne Risbakk, Company Secretary S.M. Imdadul Haque, along with other board members and senior officials.
Speaking at the meeting, Revhaug said that while 2025 showed steady progress, the company expects continued macroeconomic challenges in 2026.
He emphasized Grameenphone’s focus on strengthening its fundamentals, maintaining operational discipline, and delivering reliable connectivity in an increasingly digital environment.
He also highlighted ongoing efforts in sustainability, digital inclusion, and online safety initiatives.
CEO Yasir Azman reported that the company’s total revenue slightly declined to Tk 158.1 billion in 2025, with a subscriber base of 83.9 million, including 48.7 million internet users. Net profit after tax stood at Tk 29.6 billion, reflecting pressure from broader economic conditions despite cost control measures.
He noted continued expansion of Grameenphone’s digital ecosystem, including platforms such as Bioscope+ and OneGame, alongside the introduction of GP Shield to enhance digital security.
The company also advanced its 5G rollout across divisional headquarters and strengthened its MyGP app, which now serves over 22.5 million users.
Grameenphone further accelerated its transition toward an AI-driven telco-tech model, integrating artificial intelligence into network operations, customer service, and product development.
During the AGM, shareholders approved a total cash dividend of Tk 21.5 per share (face value Tk 10), representing 98.2% of the company’s profit after tax for the year.
The company also reported contributing Tk 121.6 billion to the national exchequer, while continuing investments in connectivity and digital inclusion initiatives.