GrameenPhone submits IPO application

12 Dec 2008

Bangladesh’s largest mobile operator by subscribers GrameenPhone has filed its final application for its planned USD65 million initial public offering (IPO), which it expects to launch in late January or early February 2009. Oddvar Hesjedal, CEO of GrameenPhone, said: ‘We are proud of our achievement in having reached this milestone. We remain committed to contributing to the development of the capital markets of Bangladesh and look forward to a successful completion of the largest IPO in the country.’

Bangladesh, GrameenPhone,

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