Grameenphone's
Q2 2024 Earnings
16 July 2024
Q2 2024
Highlights
Reimagining the future with data center and data analytics
Building customer-centric digital focused
Accelerating business growth through service transformation
Stability in financial performance despite uncertainties
Q2 2024
Customer-centric approach leading growth momentum
Advanced intuitive features in MyGP | AI driven Network Experience on Eid |
Advance purchase, bonus for purchase within validity, | |
Techno-commercial collaboration to create seamless experience | |
uninterrupted options | |
Pothhe Pothhe
Engaging with customers, field forces, distributors, and retailers across Bangladesh
New Roaming Hajj pack
Simplifying communication with families during Hajj through new digital experience in roaming
Q2 2024
Advancing digital innovation through AI and Analytics
- Use of AI in network expansion through analytics driven prioritization and subsequent network dimensioning.
-
Set up equipment for country's first and largest "Tier III Standard Data Center" in
Sylhet with top-of-the-line facilities and capabilities. - Driving ARPU through digital capability enhancement initiatives.
- Higher penetration of the largest connectivity app MyGP, reaching 20 Mn subscriber base.
- Subscriber addition fueled by No. 1 network, customer centric portfolio revamp and improved churn management.
- First in the industry to capitalize on FWA
license.
Q2 2024
Sensitivity: Internal
Shaping the Future with our Sustainability
vision
Climate
60% of total spend from selective partnerships committing to reduce carbon emissions
Moved one step closer in enabling CPPA in Bangladesh by having direct workshop with PDB to discuss different CPPA options
Inclusive Digital
Future
Educated more than 500,000 people from different marginal community across the country on digital inclusion and online safety
Youth
Upskilling
Seven bootcamps in seven major cities with 1500+ start-up ideas from young entrepreneurs
Responding to Crisis situation and standing beside Cyclone Remal victims
Q2 2024
Q2 2024
Otto Risbakk, CFO
Q2'24 Financial Highlights
Robust financials, interim dividends resumed
+6.4% YoY Growth | 60.4% | Interim Dividend | |
Subscription & Traffic Revenue* | EBITDA Margin ** | ||
Tk 16.0 | |||
20.9bn / 49.5% OCF | Tk 6.4 |
Dividend per share
NIBD/EBITDA -0.1x | Earnings Per Share |
*Revenues generated by own subscription (excludes interconnection) | |
Q2 2024 | ** EBITDA before other items |
Q2'24 Subscriber & Data User
Data driven subscriber growth
Total Subscribers (Mn)
+4.9% | ||||
85.3 | ||||
82.0 | 82.0 | 83.0 | ||
81.3 | ||||
Q2'23 | Q3'23 | Q4'23 | Q1'24 | Q2'24 |
Q2 2024
Active Data Users* (Mn)
+7.8% | ||||
46.1 | 47.5 | 46.6 | 46.3 | 49.7 |
57.9% | 55.8% | 58.3% | ||
56.7% | 56.9% | |||
Q2'23 | Q3'23 | Q4'23 | Q1'24 | Q2'24 |
Active Data User | % of Sub-base | |
* Minimum 150 KB usage within last 3 months
Q2'24 ARPU
Sustained ARPU and Data usage growth
Service ARPU (BDT) | Data Usage (AMBPU) | |
Service AMPU
165 | 165 |
163 | |
161 | |
157 |
Q2'23 | Q3'23 | Q4'23 | Q1'24 | Q2'24 |
7,560 | ||||
7,313 | 7,305 | |||
6,970 | ||||
6,735 | ||||
Q2'23 | Q3'23 | Q4'23 | Q1'24 | Q2'24 |
196 | ||||
190 | ||||
180 | 180 | |||
176 | ||||
Q2'23 | Q3'23 | Q4'23 | Q1'24 | Q2'24 |
Q2 2024
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