Introduction(History of GP).
The right and contemporary use of technology is the key to the progress of a nation. Keeping this in mind, Grameenphone always brings the future proof technology in order to facilitate your progress.
The possibilities in this new world are immense and someone as bright as you should not be behind in anyway. At the end of the day, all the individual progresses accumulate to the progress of the beloved motherland.
Grameenphone promises you to bring the best of communication technologies so that you can Go Beyond.
Our Mission:
Leading the industry and exceed customer expectations by providing the best wireless services, making life and business easier
Our Vision:
We
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Threat of subtitutes, 4. threat of new entrants, and 5. rivalry among competitors.
1.Bargaining power of Buyers: There are six mobile telecoms operators in Bangladesh and they offer almost homogenous services which has low switching costs between operators and thus has provided buyers with extremly high bargaining power.The bargaining power in this company is very high, with the exception of remote area customers who have no alternative network available in their vicinity.
2.Bargaining power of Supplyers: Allthe mobile operators other than teletalk have international identity and have experience to work global platform.The bargaining power of suppliers in the mobile industry varies depending on the brand name and strategic importance of the supplies as well as the size of the company, such as Ericsson and Nokia siemens in the mobile telecom machinery industry
- The Bargaining Power of Suppliers for Blackberry has increased, due to Blackberry’s eroding market share. Firms who dominate the mobile communications industry, such as Apple and Samsung, have relatively higher bargaining power, because their larger product orders account for more of the suppliers business.
Bargaining Power of Suppliers: The bargaining power of suppliers in the industry is low. There are numerous suppliers in this industry, and the large department stores have the ability to negotiate for the lowest prices. In addition, the switching costs are low, as the products are not highly differentiated. There are a large volume of purchases in the industry, allowing the department stores to exert even more power over the suppliers.
Bargaining power of buyers is medium-high because of the low switching costs and wider spectrum of similar products selling at competitive prices due to the influence of developing countries
Bargaining power of supplier: High levels of competition among suppliers act to reduce prices to producers. This is a positive for Ford Motor Company. Standardization of parts allowed Ford to reduce dependency on fixed supplier/vendor which goes into producer’s favor.
There are many network equipment suppliers, which are suffered from the down telecom market. Having mature technologies also commoditize the products. As such, the bargaining power of suppliers has been weak.
24 hours a day just by punching in a simple telephone number. It is the most
Bargaining power of buyers: Businesses and individuals all fall under the customer's category for this industry. Big customers do get volume discounts and can negotiate prices with sales representatives. However smaller customers have to take what is being offered to them. The only say they have is that they can switch between the players, but due to intense competition, the prices offered are generally the same across the service band.
* Lead the market in customer satisfaction by meeting their wireless needs and exceeding their expectation.
"We enable consumers to improve the quality and convenience of their lives by providing innovative home and electronics solutions"
The market greatly depends on how powerful buyers are in terms of their willingness to pay certain prices. The following determines the bargaining power of buyers
Mobile phones have become a necessity for life, and without this thin gadget, many people would feel incomplete. We now use mobile phones in our everyday life as a phone, voice recorder, diary, alarm clock, watch and for making and confirming appointments, dealing with clients etc. Mobile phones are for many, fundamental when organising their lives. Mobile phones are not simply an electronic gadget, and it is difficult to define in one way about the usage of mobile phones. With the advances of technology, mobile phones are becoming a way of life. Mobile phones are not used as just communication tools but are also considered as devices which have strong communication networks along with the other functionalities such as audio solutions, FM
MediaTek is one of the only companies who are apply to supply chipsets in the Chinese 2G mobile phone Market, so in terms of this bargaining power of buyers is relatively low because consumers don’t have various other suppliers they can purchase from. On the other hand bargaining power of buyers is high to medium in a sense that consumers can easily switch from the low-end product which is what MediaTek offers to the high-end 3G mobile phone product.
Buyers in telecom industry can be classified in two categories depending on the type of consumers, Individual and Enterprise Customers. Enterprise customers are organizations like banks, IT companies. There are multiple players in the telecom industry like Airtel with variable product offerings and prices which gives buyers many options to select operators and thus increase the bargaining leverage.
Leading the industry by providing personal, honest and effective service that results in an advantageous business relationship with our customers, partners and suppliers;
The industry has grown very rapidly in the last decade due to intense competition and was exposed to immense technological advancement possibilities as well. Considering the growth rate and current market state; the telecommunications of Bangladesh has the following implication of Porter’s diamond model, which is further explained below in details: