Grameenphone Profit Climbs 76% to 18.9 Billion Taka

(Corrects description in second paragraph.)

Grameenphone Ltd. (GRAM), the Bangladesh unit of Norway’s Telenor ASA (TEL), reported full-year net income rose 76 percent to 18.9 billion taka from 10.7 billion taka a year earlier.

Revenue climbed 19 percent to 89.1 billion taka, according to an e-mailed statement from the company today. Grameenphone will pay a dividend of 6.5 taka per share, it added.

To contact the reporter on this story: Arun Devnath in Dhaka at adevnath@bloomberg.net

To contact the editor responsible for this story: Hari Govind at hgovind@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.