BTS Investment decision and payment process Grameenphone Limited

Abstract

As a under grade student of Brac University, Dhaka.Brac Business School, it is necessary to join with a company for gaining the practical experience of the theoretical know how’s and I got the chance to join Grameenphone Limited, one of the renown telecom companies of Bangladesh to do my internship program. In these 2.5 months of internship period I got the opportunity to work under different section of the finance division and learn the new tasks in the new environment. Along with gathering the practical experience I have also prepare this report on to complete the internship procedure. This report is combined information of the experience on Grameenphone Limited and what I have learned and came to know about the BTSinvestment Decision and payment procedure from personal learning and shared knowledge. BTSinvestment decision is a major decision for any telecom industry and Grameenphone Limited isnot an exceptional in that case rather to hold its current position or improve the position in themarket Grameenphone has to take this decision more wisely. It is not that easy task to make suchbig decision, there is long process involves in it. Although there is a yearly budget prepared inadvance for investment in this sector each year, but any emergency need can affect thispredetermined budget. Mainly the demand for a new investment occurs for two reasons like toimprove present network quality or to increase the coverage area. Whatever the reason is theinvestment decision cannot be approved without a proper investigation, survey and analysis.Before taking such decision the departments of Market Operation, Finance and Technology haveto work so hard to come up with the ultimate conclusion. Basically the need can be identified byeither Market operation department or technology department or by both of the departments.After proper analysis by these departments the decision making is leave up to the financedivision after cross checking all the pros and cons if the output from the new investment issatisfactory only than finance department approve the investment decision. Otherwise they haveto look for the alternate decisions of the BTS investment. Once the decision is made forinvestment then technology department along with the help of other departments makes anagreement paper with the owner of the plot which is selected after site investigation for makingthe BTS plant. And after all the procedures when the agreement is finalized, the construction ofthe plant is started with the enlisted vendors for this task under the supervision of the civilengineer of Grameenphone limited. And the vendors are bound perform the task as per theircontact agreement with the Grameenphone.