Operating in these conditions helped Telenor gain valuable experience and insights into how to plan future joint ventures and alliances in emerging, high growth 3rd world nations.
Indirect benefits included gaining greater insight and intelligence with regard to the Indian consumer cell phone market in general, and the village and rural market needs specifically. Partnering with Grameen Bank provided invaluable experiences in seeing how to create profitable businesses in each village. There are many indirect benefits to Telenor and Grameen from a CSR standpoint as well, as the cell phone service they provided turned out to be a critical catalyst for growing the economies of these rural communities. By participating in the joint venture, Telenor helped create a platform of economic growth for the 29,000 villages participating in the program.
How would you calculate the SROI (Social Return on Investment) for the Village Phone Project?
The Social Return on Investment (SROI) for the Village Phone Project needs to be calculated by comparing the costs and benefits of the investment from a social value perspective. Telenor and Grameen Telecom both shared a common vision of bringing telephone service to the most impoverished areas of Bangladesh. Telenor's investment of $40M...
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