Grameenphone shareholders have approved transferring 51% shares of GPIT, a subsidiary of the country's leading mobile phone company, to internationally renowned IT firm Accenture Holdings at an Extra-ordinary General Meeting (EGM) in Dhaka Thursday.
Grameenphone and Accenture reached an agreement on June 27 about GPIT to acquire the 51% stake at US$10m.
Sources in the company said within a short period of time, Accenture will take up the management of GPIT. They also changed the brand name of GPIT.
The shareholders approved the transfer of 382,500 shares of Tk100 each to Accenture Holdings.
GPIT was formed on January 28, 2010 to provide end-to-end IT solutions to different companies and organisations.
Accenture Holdings is a globally renowned group in management consulting, technology services and outsourcing company, with approximately 261,000 people serving clients in more than 120 countries.
Accenture is a USA owned company and, at the same time, they have sprayed their business in more than 120 countries and more than two hundred cities.
The company generated net revenues of $27.9bn for the fiscal year ended August 31, 2012.Â
In India Accenture have nine stations "“ Hyderabad, Bangalore, Chennai, Gurgaon, Kolkata, Mumbai, New Delhi, Noida and Pune.
This strategic partnership with Accenture is expected to boost GPIT to grow its global and local business and develop its capability to provide Business Process Outsourcing (BPO) services on an international scale.Â
