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29 / 7928
Essay's paper body
GrameenPhone (GP) has been established to provide high quality GSM cellular service at affordable prices. In addition to providing prepaid and postpaid cellular phone services, the company also assists in a -Village Phone- service by being the sole provider of telecommunications services to the Village Phone operators...
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The Village Phone service provides rural connectivity to approximately 30 million people. Grameen Phoneâs total capitalization was US$120,000,000; including around US$50 million from IFC/CDC, and the Asian Development Bank (ADB). It also received US$60 million in equity from the four Grameen Phone private partners...
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