GrameenPhone one of the leading multinational company, doing brisk business in Covid-19 period, played foul with emotions of physicians in the name of CSR.

The company which posted a 30 percent net profit growth in the first quarter of the current fiscal announces a Tk 100 crore corporate social responsibility (CSR) plan in the name of Coronavirus pandemic mostly to use those keeping its network, idle customers and retail partners alive.

GP’s Western investors most of them repatriate a huge amount of money every year to their homeland by sucking from Bangladeshi people’s pocket uses tricky business tricks by offering physicians who are certified by Directorate General of Health Services(DGHS).

“It’s a mere joke with Bangladeshi people’s emotion. It should not offer their service product to those heroes who are busy serving Corona patient by taking their life risk,” a Dhaka University teacher who teaches on Branding told Business Mirror.

They could give Tk 100 crore to Honourable Prime Minister’s relief fund if it mean stake-holding and CSR, the professor added.

Net profit of the company increased to Tk1,007 crore in first quarter (Q1) of 2020 compared to Tk892.61 crore during the same quarter last year, the GP financial statement said. Earnings per share (EPS) for the period stood at Tk7.92. It was Tk6.61 for January-March’19.

 

Grameenphone reported total revenues of Tk3,620 crore for the first January-February-March quarter of 2020.

Chief executive officer of GP, Yasir Azman at a virtual press conference unveiled a total of Taka 100 crore package to support as Corona Virus assistance.

It offered 10 crore free talk-time, 30gb data at Taka 1 for physician, 48 paisha call rate, cent percent data bonus and Taka 10 crore safety-net credit along with the ongoing efforts.

“Who will measure the benefits distributed by GP in the name of Corona virus assistance, when GP frequently charge extra money from peoples pocket,” Abdul Halim, a digital experts who also runs a startup with the Ministry of ICT told.

In addition, GP acknowledging contribution of its retailers declared a safety-net credit scheme of Taka 10 crore for the most affected to help them overcome these difficult times.

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