DOCSLIB.ORG

Let's Make Things

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Let's Make Things Grameenphone Ltd. GPHouse, Bashundhara Baridhara, Dhaka-1229, Bangladesh +880-2-9882990 +88 01799882990 +880-2-9882970 www.grameenphone.com 2019 ANNUAL REPORT We care about our planet LET’S MAKE THINGS Grameenphone wants to contribute to meet climate challenges and aims to reduce the consumption of resources and overall impact on the environment. In an effort to minimise paper consumption, we limit the scope of the printed annual report within regulatory requirement. Grameenphone’s website provides extensive information POSSIBLE about the Company and its current activities. LET’S MAKE THINGS POSSIBLE Bangladesh has embarked on a journey of digital transformation and technological advancement. The heights that technology has attained are a marker of growth and development across all economic sectors. Businesses are booming, access to quality education is widening, new jobs are being created. Communication services are now stronger than ever. Grameenphone has been a partner in Bangladesh’s development journey and looks forward to continued contribution towards the government’s Digital Bangladesh ambitions. With its modernised network and extensive coverage, the Company is helping to reduce the digital divide of the country. Distance, mobility or socio-economic factors no longer pose a barrier to education, business or lifestyle needs. The enhanced access to information is now enabling start-ups, small-scale businesses and farmers, to innovate and grow. Empowering societies by connecting our customers to what matters most, remains at the heart of what we do. 01 Overview An introduction to our report with a snapshot of our business, key events and achievements in 2019 ANNUAL 02 How We Create Value rd GENERAL 05 Our Culture 23 06 Our Ethical Conduct MEETING 07 Our Strategy 08 Our Journey Virtual Shareholder Meeting 11 Contribution to the National Exchequer 02 Sustainability Our sustainability efforts Tuesday, 21 April 2020 12 Sustainability and Partnership to Reduce Inequalities 10:30 AM, Dhaka Time 14 Grameenphone Moving Towards Low Carbon Footprint 16 Human Resources Management Live Webcast http://bit.ly/gpvirtualagm-2020 19 Innovation Lab 03 Business Performance > See page 174 for AGM notice An insight into our operation and how our strategy is delivered > See page 175 for Frequently Asked Questions (FAQs) on Virtual Shareholder Meeting 21 Our Performance 2019 22 Quarterly Business Highlights 2019 24 Message from the Chair and the CEO 04 Governance Our framework for Corporate Governance, Management Team and the role and contribution of our Board 27 The Shareholders WHAT’S 29 Organisational Structure 31 Directors’ Profile 38 Management Team Profile 41 Corporate Governance in Grameenphone 56 Internal Control over Financial Reporting (ICFR) INSIDE 57 Enterprise Risk Management 59 Audit Committee Report 61 Nomination and Remuneration Committee Report 05 Financial Analysis Welcome to our Our financial performance and statutory financial statements with associated audit report and supporting notes Annual Report 2019 64 Six Years’ Financial Summary This report aims to inform stakeholders about 67 Value Added Statement 2019 our financial and non-financial performances in 68 Directors’ Report 2019. This includes a look at how we create value 93 Management’s Discussion and Analysis over time and how our strategy addresses the 100 Auditors’ Report & Audited Financial Statements challenges, risks and opportunities Grameenphone faces in a fast-changing world. 06 Additional Information Corporate Information and Notice 167 Products and services 168 Our recognition 2019 169 Useful Information for Shareholders View Our Annual Report 2019 172 Corporate Information Report Online Go green and help reduce 174 Notice of the 23rd Annual General Meeting carbon footprints 175 Frequently Asked Questions (FAQs) on Visit: www.grameenphone.com Virtual Shareholder Meeting to view the online version of this 177 Proxy Form Annual Report Today’s consumers and enterprises are switching easily between multiple channels, screens and devices, expecting more seamless experiences from the brands they engage with. To better reach and How we build relationships with our customers, we need to lead disruption and anticipate their needs. Grameenphone believes that connected societies are empowered societies. We’ve built a culture at Grameenphone that values a commitment to our customers, diversity Create value and inclusion, and a responsibility to our community and environment. At Grameenphone we believe in creating value for all stakeholders such as our shareholders, customers, employees, the public sphere and communities, suppliers, people driving innovation. For Our Society Safeguarding Child online safety Nationwide the future directly educated more than Enrichment Programme 590,000 20,289 students were awarded in Students recognisition of their reading habit in over 375 schools Alor Pathshala Social media campaign We have contributed generated more than Sensitised over More than 1.5m School of Enlightenment BDT 754.5b views 200,000 books downloaded from Teachers/Parents alorpathshala.org to the National Exchequer 15m since our inception We supported Empowering the start-up community through 44 GP Accelerator Programme Supporting start-ups throughout communities the programme and around our BDT 4.59m BDT 45m+ network in cash grants non-financial support this18 year For Our Customers Expanding our We have invested coverage and breadth We cover BDT365.6b population coverage in Bangladesh 99.6% since our inception of the Bangladeshi BDT population 18.2b in 2019 to rollout 4G LTE sites, 3G 4G expanding 2G and 3G coverage, capacity enhancement, as well as building higher IT readiness 95.4% 74.5% In our operations we have: MILLION SUBSCRIBERS 3G sites 4G sites Providing 76.5 deep Sea MILLION 15,710 10,022 connectivity MOBILE 40.6 DATA USERS We successfully implemented 100% data-enabled network across the country 2 How We Create Value For Our Investors 130% dividend OVER Including Interim Dividend 2019 30,700 SHAREHOLDERS ACCOLADES BDT 13 Best presented Annual Per Share Report 2018 by SAFA and ICAB Last 6-years Best Corporate Total Shareholder Best Telecom Brand in Governance Excellence Bangladesh award 2018 by ICSB Return awarded by Bangladesh Brand Forum 87.31% * As of 30 December 2019 For Our Employees We supported Employees spent more than 118 classroom sessions with Launched a ChatBot in Work 64 Chat (Workplace messenger) - the ‘One-Stop-Solution’ to all students through 102,000+ queries on policy, benefit, and our internship HR services on the go! programme this year Hours of total Learning 50+ 110+ Average Hours per employee Children accommodated spent on e-learning in Day Care Centre Partnership with leading learning platforms to provide employees with Company sponsored diverse e-Learning library Grameenphone Ltd. | Annual Report 2019 3 KNOWLEDGE ANYTIME, ANYWHERE IT’S POSSIBLE! Our Culture Our strategy spells out what we do; our behaviours explain Our how we deliver; and our purpose is our reason for existence. Being a part of or a partner with Grameenphone means sharing our commitment and passion for the key elements Culture that shape our culture. STRATEGY BEHAVIOURS Internet Access Always Explore Personalisation Create Together Efficient Operations OUR PURPOSE Keep Promises Digital Positions Connecting you to Be Respectful what matters most. Empowering Societies. Our purpose Connecting you to what matters most | Empowering Societies Connecting customers to what matters most has been the core of our business. Today internet connectivity impacts nearly every part of our lives, and we believe in making it personalised and relevant for our customers. It’s about more than good business; it’s empowering societies. Our behaviours We have four behaviours that guide the way we work: Always Keep Create Be 1 Explore 2 Promises 3 Together 4 Respectful We believe growth We believe that trust We believe diverse We believe in the comes from learning is key in all our teams find better unique human ability every day. We’re relationships. We solutions. We seek to understand what curious and we dare take ownership and different matters for people. to challenge, test, pride in delivering perspectives, share, We meet everyone at fail fast and pivot with precision and involve and help eye level, listen and integrity each other succeed show that we care In addition to our purpose and behaviours, everyone working with or for Grameenphone is required to commit to, abide by, and annually renew their signature on our Code of Conduct. Grameenphone Ltd. | Annual Report 2019 5 Our We understand that our business depends on the trust of our customers and partners and we are committed to conducting our business in a responsible, ethical and lawful manner, always. This Ethical is why we have adopted a Code of Conduct that lays high standards of integrity on how we do business. The Code further sets clear expectations and requirements for each and every one of us, Conduct regardless of our designation, role or location. We are expected to act as guardians of Grameenphone’s integrity and to follow 4 key principles that define the basis of our business conduct. Key achievements in 2019 1. Adoption of Business Partner Compliance Management Policy – designed to ensure Our that Grameenphone’s relationships with Principles Business Partners do not pose unacceptable compliance risks to Grameenphone, including but not limited to corruption, fraud, money laundering, trade sanctions and also risks
Load more

Recommended publications
  • Annual Report 2018
    ANNUAL REPORT 2018 ANNUAL REPORT Grameenphone Ltd. GPHouse Bashundhara, Baridhara, Dhaka-1229, Bangladesh Tel: +880-2-9882990, +88 01799882990 Fax: +880-2-9882970 Website: www.grameenphone.com EXPLORE Grameenphone wants to contribute to meet climate challenges and aims to reduce the consumption of resources and overall impact on the environment. In an effort to minimize paper consumption, we limit the MORE scope of the printed annual report within regulatory requirement. Grameenphone’s website provides extensive information about the Company and its current activities: www.grameenphone.com ANNUAL REPORT 2018 We live in a world where pocket-sized devices have become the gateway for limitless exploration and unbound resources, something previously unimaginable. Now knowledge, wisdom and opportunities are just a few clicks away, heralding a new horizon of technological empowerment. At Grameenphone, we help overcome boundaries through digitalisation. Our products’ platforms serve as a catalyst to realising dreams. We believe in continuous innovation and ensuring the best customer experience in everything we do. Welcome to our Annual Report 2018 This report aims to inform stakeholders about our financial and non-financial performances in 2018. This includes a look at how we create value over time and how our strategy addresses the challenges, risks and opportunities Grameenphone faces in a fast-changing world. WHAT’S INSIDE 01 Overview 02 Business Performance An introduction to our report with a snapshot of our An insight into our operation
    [Show full text]
  • Vimpelcom Ltd
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F Registration Statement Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934 OR ⌧ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2012 OR Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 OR Shell Company Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 1-34694 VIMPELCOM LTD. (Exact name of registrant as specified in its charter) Bermuda (Jurisdiction of incorporation or organization) Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands (Address of principal executive offices) Jeffrey D. McGhie Group General Counsel & Chief Corporate Affairs Officer Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands Tel: +31 20 797 7200 Fax: +31 20 797 7201 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered American Depositary Shares, or ADSs, each representing one common share New York Stock Exchange Common shares, US$ 0.001 nominal value New York Stock Exchange* * Listed, not for trading or quotation purposes, but only in connection with the registration of ADSs pursuant to the requirements of the Securities and Exchange Commission. Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 1,628,199,135 common shares, US$ 0.001 nominal value.
    [Show full text]
  • Executive Summary CHAPTER-1 (INTRODUCTION)
    Executive Summary As we were assigned to prepare a term paper on “Grameen Phone”, we had prepared this report based on the due topic. In this term paper we at first gave an overview of the corporate background and corporate history of Grameen Phone. They have mainly four types of service offerings those are Smile prepaid for the mass customers, Explore postpaid for the high income earners, Djuice for the youth segment, Business solution for the businessmen and executives, Public Phone for the urban low income segment, Village Phone for the Rural lower income segment and so on. Their product designing and market segmentation was appropriate enough to meet the customers needs and wants. Their all products perfectly match with their target customers income level, life style, profession. In case of pricing they follow value based pricing. Their pricing strategy is also appropriate and reasonable for their target markets income level. They also chose the right promotional tools to reach the customers more quickly and efficient way. For example they set bit higher price for the Business solution uses and explore users, as they are the higher income groups. They set bit lower prices for the village phone and public phone, as they are within the lower income segments. They also chose the right promotional tools to reach the customers more quickly and efficient way. Their distributing systems were appropriate enough to reach their products to the target customers more quicker way. They also provide some value added services. Those are sms based alert services , voice based services, infotainment services, innovative services (like Cell Bazaar), message service, Customer care related services and so on.
    [Show full text]
  • Telenor ASA – EMTN Base Prospectus 28 June 2013
    Base Prospectus Telenor ASA (incorporated as a limited company in the Kingdom of Norway) €7,500,000,000 Debt Issuance Programme Under the Debt Issuance Programme described in this Base Prospectus (the Programme), Telenor ASA (the Issuer or Telenor) may from time to time issue debt securities (the Notes). The aggregate nominal amount of Notes outstanding will not at any time exceed €7,500,000,000 (or the equivalent in other currencies), subject to compliance with all relevant laws, regulations and directives. Notes may be issued in bearer form only (Bearer Notes), in registered form only (Registered Notes) or in uncertificated book entry form cleared through the Norwegian Central Securities Depository, the Verdipapirsentralen (VPS Notes and the VPS respectively). An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks see “Risk Factors”. This Base Prospectus comprises a base prospectus for the purposes of Article 5.4 of Directive 2003/71/EC (the Prospectus Directive) as amended (which includes the amendments made by Directive 2010/73/EU (the 2010 PD Amending Directive) to the extent that such amendments have been implemented in a relevant Member State of the European Economic Area), which is necessary to enable investors to make an informed assessment of the assets and liabilities, financial position, profit and losses of the Issuer. Application has been made to the Luxembourg Stock Exchange for the Notes issued under the Programme (other than VPS Notes) during the period of 12 months from the date of this Base Prospectus to be admitted to trading on the Luxembourg Stock Exchange’s regulated market and to be listed on the Official List of the Luxembourg Stock Exchange.
    [Show full text]
  • Bangladesh: Grameenphone Evaluation Report Telecommunications Project and Grameenphone Telecommunications Expansion Project
    Performance Bangladesh: Grameenphone Evaluation Report Telecommunications Project and Grameenphone Telecommunications Expansion Project Independent Evaluation Performance Evaluation Report March 2013 Bangladesh: Grameenphone Telecommunications Project and Grameenphone Telecommunications Expansion Project Reference Number: PPE:BAN 2012-02 Project Number: 31903 Equity Investment Numbers: 7143-BAN and 7194-BAN Independent Evaluation: PE-761 NOTES (i) The fiscal year of Grameenphone ends on 31 December. (ii) In this report, “$” refers to US dollars. Director General V. Thomas, Independent Evaluation Department (IED) Director H. Hettige, Independent Evaluation Division 2, IED Team leader N. Gamo, Senior Evaluation Officer, IED Team member I. Garganta, Senior Evaluation Assistant, IED The guidelines formally adopted by the Independent Evaluation Department on avoiding conflict of interest in its independent evaluations were observed in the preparation of this report. To the knowledge of the management of Independent Evaluation Department, there were no conflicts of interest of the persons preparing, reviewing, or approving this report. In preparing any evaluation report, or by making any designation of or reference to a particular territory or geographic area in this document, the Independent Evaluation Department does not intend to make any judgment as to the legal or other status of any territory or area. Abbreviations ADB – Asian Development Bank BTS – base transceiver station CAGR – compound annual growth rate CDC – Commonwealth Development
    [Show full text]
  • Digi Sustainability Report 2017
    CONNECTING YOU TO WHAT MATTERS MOST Sustainability Report 2017 Part Of telenor group Ceo’s message CONTENT 4 CEO’S MESSAGE 18 WINNING TEAM CLIMATE CHANGE 5 AT A GLANCE 22 AND ENVIRONMENT SUSTAINABILITY EMPOWER 7 25 GOVERNANCE SOCIETIES 10 STAKEHOLDERS 29 DATA REPORT SCOPE 13 ETHICS AND COMPLIANCE GRI Ceo’s message CEO’S MESSAGE Our commitment to sustainability mirrors the responsible way we run our business, impact communi5es and consciousness towards the environment. Everyday we connect our customers to what ma4ers nurture a workplace and culture that give Digizens most. More than bringing people together, we help the space and freedom to learn, innovate, engage enrich lives and empower sociees. and grow within the company, and invest in new digital learning plaWorms to empower our talents to Sustainability underscores the way we run our acquire skills for the digital future. We are pleased to business. We are commied to the United Naon’s be able to aract a diverse and balanced workforce Sustainable Development Goals with a focus on goal where 45% of our leaders are women. #10: Reduced Inequalies. We believe that freedom to internet and responsible digital cizenship is a We connue to raise the bar on governance and great equaliser and we look to demonstrate how this build capacity among our contractors and sub- can be achieved. contractors especially in the area of health and safety. We also iniated an industry collaboraon to Over the years, we have built our business on the enable joint inspecons, trainings and to li the foundaon of the highest standards of integrity, overall health and safety standards among our transparency and governance.
    [Show full text]
  • Free Telenor Sms
    Free telenor sms Monthly SMS Bundle. Rs. ACTIVATE?> COMPARE · ACTIVATE · VIEW MORE. Validity: 30 Days. SMS Dial:**#. Daily SMS Bundle. Validity. If you are an existing residential customer with a Telenor postpaid plan, you can •By sending a free SMS to number , containing the code for activation M. is giving free service to send free sms to telenor, ufone, mobilink, warid. Telenor SMS packages are providing free sms to any network of Pakistan. Telenor offers variety of Sms Packages including Daily, Weekly, Monthly Sms. Pakistan's major operators include Warid, Ufone, Mobilink, Zong and Telenor. These all contribute in providing the economical packages for Pakistanis in and. Package Name. Free On- Net Mins. Free Off-Net Mins. Free SMS. Free MBs. Validity. Price Telenor Talkshawk 5 Day SMS Package, --, --, , --, 7 Days. Rs Free SMS to Telenor Web to SMS Telenor Pakistan, Now you can send free sms to telenor via Internet to communicate with your friends and family not only in. Salam::Telenor Big Trick: **7*5*9*# Dial & Jo Msg Aye 5 Ka Option Yani Dail Sms Wala Phir Subscribe Wala Reply Karna 1 Wo Apko Kahy. Agr apki Telenor SIM 5th Aug se band hai tu usay wapas laga k payain 60 din . Ufone Dail *# Recharg Offer Free Of Cost mint SMS MB 3 din. Send free sms in Pakistan to Mobilink, Ufone, Warid, Telenor and Zong network. Send Free SMS to Telenor Numbers! From: PK (+92), USA. Telenor Free Weekly SMS Package Trick Undo. by Taboola by Taboola. Telenor Free. Meray Paas Galaxy N0te 3 Hai. Telen0r Pe FacebOok's Messenger Nhi Chalta Free.
    [Show full text]
  • Free Download Djuice Friend Finder Messenger
    Free download djuice friend finder messenger Shut down your PC and start chatting on your mobile. Friend Finder offers the first ever FREE instant messenger service on your phone - Buddy. download Djuice Friend Finder Software aur dost banain puray pakistan say, aur wo bhi free bus registration k 5RS lagain gain or wo bhi 1st. Pat I can't get my expressit label design studio to print in color. It only prints in black. Support is closed. Can someone tell me how to fix this? Telenor friend finder jo net pr chat hoti thi wo kyu bnd ki buddy chat ab wo kaha chalti hai net pr. Qasim Ahmed Mughal to djuice pakistan. · October 28, Djuice Friend Finder Messenger Shareware and Freeware Programs - Myspace After you download, just go to and register a user account Price: USD $; License: Shareware (Free to Try) File Size: KB;. Free Friend Media Creator is a easy way to publish some images or digital Mail Finder is an elegant tool for finding email addresses on a specified domain. Download Friend Finder Messenger at Friend Informer: Messenger Ensurebit software,Inc. FREE. djuice Friend Finder. PlanetBeyond (Pvt.) Ltd. THEN U CAN INSTALL DJUICE FRIEND FINDER MESSENGER FROM ITS A REAL FUN I HAVE INSTALLED AND I. Salam, kia hal ha aap logo ka? mai kafi time say djuice friend finder use mainay windows reinstall ke aur website say new copy download ke. Download & Install This Feature Pack Then Restart Your System . My djuice Friend Finder Messenger works at Window 7 Operating System. And More To || Send Free SMS in Pakistan all network send free sms from uk.
    [Show full text]
  • Telenor ASA Fourth Quarter 2002 Content
    Telenor ASA Fourth quarter 2002 Content FOURTH QUARTER 2002 Key points 1 Key figures 1 Key figures for the business areas 2 Mobile 3 Networks 6 Plus 6 Business Solutions 7 EDB Business Partner 8 Other business units 9 Corporate functions and group activities 9 Other profit and loss items for the group 9 Taxes 11 Balance sheet 11 US GAAP 11 Outlook for 2003 11 TABLES Profit and loss statement 12 Balance sheet 13 Shareholders equity 13 Cash flow statement 13 Analytical information 14 The business areas 16 Special items 17 Revenues; 2000–2002 Telenor group (NOK in millions) Q1 8,691 Q2 9,145 200020012002 Q3 9,463 Q4 10.273 Q1 10,001 Q2 10,055 Q3 10,064 Q4 15,920 Q1 11,563 Q2 12,011 Q3 12,210 Q4 13,042 0 5,000 10,000 15,000 20,000 Telenor ASA fourth quarter 2002 R KEY POINTS OF THE FOURTH QUARTER 2002 COMPARED TO rata share of total subscriptions including Norway was 12.4 million at THE FOURTH QUARTER 2001 the end of 2002. Telenor’s operations in Sweden were reorganised • 20% growth in revenues excluding gains, to NOK 13,002 million. during the quarter with the purchase of 90% of Utfors AB and 37.2% • EBITDA margin excluding gains and losses increased from 21.0% to of Glocalnet AB. For Business Solutions, the weak market for IT- 27.5%. EBITDA excluding gains and losses was NOK 3,571 million in related activities continues. In Plus, Broadcast shows a positive the fourth quarter 2002.
    [Show full text]
  • Årsregnskap Årsberetning Informasjon Analyse Årsrapport 2000 + +
    telenor telenor asa INNHOLD INTRODUKSJON RR1 Dette er Telenor 3 Telenors konsernledelse 5 R Til våre aksjonærer 6 årsrapport årsrapport Viktige hendelser i 2000 8 BERETNING RR9 2000 Årsberetning 11 Telenors styre 12 W VIRKSOMHET RR19 Telenor Mobile Communications 21 Telenor Telecom 24 Telenor Bredbåndstjenester 26 Telenor Internett 28 Øvrig virksomhet 30 FOKUS RR33 Innovasjon i nettverk 35 FINANSIELL ANALYSE RR37 Resultat av virksomheten for konsernet 38 Likviditet og kapitalressurser 52 Telenor Mobile Communications Opplysninger om markedsrisiko 54 Postboks 6746 St. Olavs plass 0130 Oslo Telefon: 22 78 50 00 ÅRSREGNSKAP RR59 Telefaks: 22 78 55 00 Resultatregnskap – Telenor konsern 60 Balanse – Telenor konsern 61 Telenor Telecom årsberetning Kontantstrømoppstilling – Telenor konsern 62 Postboks 6701 St. Olavs plass Egenkapital – Telenor konsern 63 0130 Oslo + årsregnskap Regnskapsprinsipper – Telenor konsern 64 Telefon: 23 25 05 00 Noter til regnskapet – Telenor konsern 67 Telefaks: 23 25 05 05 + analyse Regnskap – Telenor ASA 96 Revisjonsberetning for 2000 99 Telenor Bredbåndstjenester + informasjon note 1 Uttalelse fra Telenors bedriftsforsamling 100 Postboks 6701 St. Olavs plass 0130 Oslo årsrapport 2000 Telefon: 22 77 99 00 = AKSJONÆRFORHOLD RR101 Telefaks: 22 77 79 80 Aksjonærforhold 102 note 1 Årsrapporten inneholder Tillitsvalgte og ledelse 104 Telenor Internett fyldig informasjon om Postboks 393 Skøyen Telenorkonsernets virksomhet. Rapportens informasjonsdel 0130 Oslo er utvidet i den elektroniske Telefon: 22 77 19 00 presentasjonen
    [Show full text]
  • S Djuice (TM) Becomes Mobile Service Provider in Sweden
    Telenor’s djuice (TM) becomes mobile service provider in Sweden Telenor Mobile Communications has, through its subsidiary Zalto Communications AS, signed an agreement with Europolitan Vodafone to become a service provider in the Swedish market. Telenor will launch and promote a new mobile subscription for young people bearing the brand name djuice(TM). The djuice brand will function as a separate subscription with its own services, billing system, marketing and customer service facilities. "For djuice and Telenor, the agreement with Europolitan Vodafone is an important step,' says Morten Karlsen-Sørby, COO in Telenor Mobile Communications. "We consider Europolitan Vodafone an attractive partner in Sweden offering advanced and high quality services.' Djuice will offer mobile services closely integrated with the Internet. Djuice's aim in Sweden is to become 'The Young People's Partner in the Mobile Society' and the primary target group is young people aged between 15 and 30. "The cooperation with djuice entails a further expansion of our services and our market channels reaching the youth segment,' says Jon Risfelt, CEO of Europolitan Vodafone. "Multitude and variety are fundamental to progress in the mobile market. We increase the traffic on our network, and consequently reap greater returns on our infrastructure- and system investments,' Risfelt concludes. The djuice venture in Sweden will be further emphasised through a wider introduction of mobile Internet services in connection with the Volvo Ocean Race which starts on September 23rd. With djuice as the main sponsor for one of the competing boats in the Volvo Ocean Race, the vessel has been named "djuice.' Europolitan Vodafone is a mobile operator with a license to build a third generation mobile network.
    [Show full text]
  • M15 Annex 3 Results from the Public Consultation
    Contents 1 Introduction............................................................................................................................3 2 Comments on the market definition...................................................................................... 4 3 Comments on the three-criteria te st..................................................................................... 5 3.1 First criterion: high and non-transitory entry barriers................................................................. 5 3.2 Second criterion: The market is not tending towards effective competition.............................. 7 3.2.1 Consultation response from Telenor................................................................................... 8 3.2.2 Consultation responses from other operators.................................................................. 16 3.3 Third criterion: General competition law is insufficient.............................................................17 4 Comments on the analysis of significant market power.......................................................19 5 Comments on the description of competition problems......................................................22 6 Comments on the choice of special obligations....................................................................23 6.1 General comments on the choice of special obligations........................................................... 23 6.2 Access..........................................................................................................................................25
    [Show full text]