Business

Grameenphone : Quarter 2 2024 Presentation

Grameenphone : Quarter 2 2024

Grameenphone Ltd.July 16, 20243
Grameenphone : Quarter 2 2024 Presentation

About this update from Grameenphone Ltd.

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 Attention : This is an excerpt of the original content. To continue reading it, access the original document here .

View stock analysis, news, and events for Grameenphone Ltd.

More from Grameenphone Ltd.

All Grameenphone Ltd. news →