Welcome to Grameenphone's earnings disclosure for the third quarter of 2022. My name is Naureen, I'm the head of investor relations for Grameenphone. With me today are our CEO, Mr. Yasir Azman, and our CFO, Mr. Jens Becker. The presentation that we are using today, along with additional documents and financial statements, are available for download on our investor relations website. You can start posting your questions in the comment box, and we will address them at the end of our presentation. In case you cannot post your questions, please send me an email or text. I will now welcome our CEO, Mr. Yasir Azman, to start our presentation. Thank you, Naureen, and good morning, everyone. My name is Yasir Azman. I am the CEO of Grameenphone. Thank you for joining us for our third quarter results announcement. I would like to begin with some industry facts. As reported by our regulator, till August 2022, the telecommunications industry reported 183.5 million subscribers, declining by 0.9 million subscribers from June 2022. Until August, mobile data users have increased by over 1 million to 116.1 million from June 2022. If I go by the highlights for Q3 2022, Grameenphone is continuing to experience positive traction in this year. We continued growth momentum on revenue and EBITDA in the third quarter. The main driver behind our growth is improving contribution from voice and data revenue and usage. We will discuss our performance parameters in further details in the subsequent slides. However, the third quarter presented many challenges on the macroeconomic and regulatory environment. Like the rest of the world, Bangladesh is also facing pressure from macroeconomic situation due to rising inflation and energy costs, which have dampened our top line and affected customer spending capability. Our teams continue to navigate the challenging circumstances by ensuring that we remain committed to our strategic priorities while delivering value for our customers and shareholders. We are growing despite macroeconomic pressure and regulatory challenges. As mentioned earlier, our ongoing growth momentum is driven by higher revenue and usage from voice and data. This is a result of our commitment to continue improving our network quality and coverage and ensuring an enhanced experience for our customers in meeting the demand for high-speed connectivity. We have been heavily investing and improving the quality of service as far as data network experience is concerned. In the third quarter, we continued to invest in our network, leading to over 19.7 thousand sites altogether for Grameenphone. With the vision to expedite the journey towards Smart Bangladesh, Grameenphone successfully completed 5G trials in all divisional cities in July. As the tech service leader of the country, we showcased 5G to customers throughout the country, where they experienced advanced technologies and different use cases like robotic arms, augmented reality videos and survey, virtual reality gaming, cloud gaming, et cetera. In the third quarter, we made several changes to our product portfolio, revising prices in our data portfolio while remaining user-focused with our bundle offers. As a result, we saw increase in both data usage and revenue, while bundle contribution also grew. Digital recharge continued to improve in the third quarter with the 6.3% growth in digital recharge volume compared to last year. At the end of the quarter, Grameenphone self-service one-stop solution at MyGP registered a user base of 13.4 million. We also faced several external challenges in this quarter, mainly from worsening macroeconomic climate and regulatory environment. The inflation rates in Bangladesh continued to worsen, aided mainly by higher cost of energy. As a measure to curb energy consumption, the government initiated several austerity measures affecting both the public and private sectors, such as controlled load shedding of the electricity from the national grid, reducing working hours, et cetera. Grameenphone has also engaged in several austerity measures to ensure we remain responsible in our consumption of energy while we tackle the ongoing crisis. As a result of that ongoing inflation, we see higher operating cost and reduced spending capability of our customers, which is adversely impacting our growth momentum. At the end of June, the regulator had imposed a ban on SIM sales of Grameenphone citing quality of service, due to which Grameenphone subscriber base witnessed a negative growth of 3.4% from Q2 2022. We have been actively engaging with the regulator and working toward overcoming this imposition, and as of mid of September, the regulator has partially lifted the ban, enabling us to resume our SIM sales immediately. We'll continue to work together with our regulator, engage in constructive dialogue to overcome this embargo initiative. We continue empowering our societies with our various activities. Grameenphone's operation have always focused towards ensuring sustainability and fair business practices. We focused on various aspects encompassing environment, social, and governance in our operations and day-to-day interactions with our stakeholders. As a part of digital inclusion and development, as of 30th September 2022, Grameenphone is connecting a subscriber base of 81.8 million customers, of whom 45.5 million customers access the internet and 32 million are empowered with 4G connectivity. As an equal opportunity employer, diversity and inclusion are imperative in our way of the way we do business. Our diversity agenda broadly includes gender, skills, and competence. As the third quarter of this year, 45% of new hires were women, while percentage of women in total workforce reached to 18.5% level. The extended leadership team of Grameenphone's comprise of almost 13% female representation at this point of time. GP is focused on creating a positive. Notion to drive into the 4IR skills for future career of graduating students through Grameenphone Academy. This is an online platform launched in collaboration with Cisco Networking Academy that is also running student engagement through universities around the country. Since its launch in May this year, Grameenphone Academy has over 11,000 students enrolled and over 1,900 students received course completion certificates on different skills courses, including career readiness skill, entrepreneurship skill, cybersecurity, introduction to IoT, and Python programming skills. The program has also been creating awareness about future challenges, opportunities, and importance of skill development among students through town hall in different universities. Besides, two female-focused workshops were also conducted with e-certified training on innovation and robotic process automation. More details of Grameenphone's ESG initiatives as well as performance KPIs are available on our investor relations website. Anytime you can access those. At this point of time, I'll now welcome our CFO, Jens Becker, to take you through our financial performance for the quarter. Jens? Thank you, Yasir Azman, and good morning to everybody. Let me start with a short overview of the key KPIs. Grameenphone continued to deliver a strong financial performance in Q3, despite, as mentioned by Yasir Azman, despite the headwinds that we saw from the economic environment due to the inflation, rising energy prices, and austerity measures to reduce energy consumption. We experienced growth in top line and EBITDA for six consecutive quarters with enhanced growth momentum for five quarters. Increased customer-focused market activities, continued improvement in our operational efficiency, the site rollout, and spectrum deployment contributed to our top line and EBITDA growth momentum. During the quarter, Grameenphone registered 6.9% year-on-year growth in subs and traffic revenue, after 6.5% growth in the last quarter, and EBITDA grew by 5% after 4.3% growth in Q2. EBITDA margin stood at 62.2% with a 1.2 percentage point margin improvement from last quarter. We continued our network expansion and modernization plans to improve customer experience further. With the continuous investment effort at the end of Q3, GP's CapEx to sales ratio for the quarter stood at 12.7% based on the four-quarter moving average. Earnings per share for the quarter stood at BDT 6.72, which is a 6.1% increase from last year. Now starting in the details and turning first to the subscriber base. During Q3, Grameenphone's subscriber growth was impacted by the SIM sale restriction. To lift the ban on SIM sales, GP has been actively engaging with respective stakeholders. BTRC partially lifted the SIM sales restriction in the middle of September. Due to the SIM sale ban at the end of Q3, Grameenphone subscriber base has decreased by 2.1% from the previous year to 81.8 million, while the number of data users has decreased by 1.2% year-on-year to 45.5 million. Despite having a degrowth in subscriber base in Q3, Grameenphone's 4G data users continued to grow and reach 32 million, which is a 15.9% growth from last year, which was possible due to our continued effort to enhance the 4G network experience. Grameenphone subscription market share also got impacted as there was no subscriber acquisition till middle of September due to the regulatory restrictions. According to BTRC's published information, as of August 2022, GP subscription market share stood at 45.3%, which is 0.7 percentage points lower compared to last quarter. Grameenphone registered 6 consecutive quarters of growth in total revenue and daily subscription and traffic revenue. Total revenue grew by 6.7% in Q3 after 5.9% growth in last quarter. Growth in total revenue was mainly driven by the 6.9% growth in daily subscription and traffic revenue, which was 6.5% in last quarter. The growth in subs and traffic revenue was driven by all three means, bundles, data, and voice. Now turning to the revenue details. Grameenphone refurbished its data portfolio during the quarter due to the implementation of 15% VAT on data services in response to changes in the national budget. Considering customer needs, Grameenphone introduced exclusive data-only products while continuing focus on user-friendly bundle offers. Bundle revenue and data revenue therefore increased by 28% and 7.7% year-on-year respectively. With this significant increase in bundle and data revenue, subscription traffic revenue as a whole increased by 6.9%. Next slide. We continued our value propositions through attractive market offers, supported by continuous investment in deployment of spectrum and 4G network expansion. As a result, amidst macroeconomic and regulatory challenges, GP's average megabyte per user grew by 52.1% from last year and 8.4% from last quarter. On the other hand, the overall service ARPU increased by 5.9% in Q3, after 2% growth in last quarter. The growth in service ARPU was driven by higher contribution from bundles, data, and voice segment all alike. Now turning to the bottom line results. Along with the continuous top line growth, Grameenphone also had continuous EBITDA growth for 6 straight quarters. With a healthy margin of 62.2%, Grameenphone's EBITDA increased by 5% in the third quarter. Top line growth was primarily responsible for the increase in EBITDA. OPEX for the quarter stood at BDT 12 billion, which is a year-on-year 9.1% growth. Year-on-year growth in this OPEX was mainly contributed by higher market spend, regulatory costs, operation maintenance, and energy cost. Next slide. GP invested BDT 2.8 billion CapEx during the quarter, focusing mainly towards 4G network coverage expansion and spectrum deployment. We rolled out 2,200+ new 4G sites and more than 2,000 new coverage sites in last 12 months. In addition, as of Q3, GP deployed spectrum in more than 18,000 sites. At the end of Q3, the number of 4G sites reached 19,719. During the quarter, 4G pop coverage reached 97.8%, which was the one percentage point increase from last year. Turning to net profit. Net profit for the quarter stood at BDT 9.1 billion, with a margin of 23.5%. The year-on-year net profit growth was led by higher EBITDA and lower modernization costs, which were partially offset by higher depreciation due to new site acquisitions and higher finance costs due to currency devaluation. Next page. The operating cash flow means EBITDA minus CapEx for the quarter stood at BDT 21.2 billion, reflecting a year-on-year BDT 0.2 billion growth in combination of BDT 1.1 billion higher EBITDA and BDT 0.9 billion higher CapEx spend. On the other hand, net debt stood at BDT 9 billion as of Q3 2022, in combination of BDT 13.8 billion short-term bank loan and BDT 4.8 billion cash balance excluding restricted cash. Now coming to contribution to the national exchequer. Till September 2022, GP has paid BDT 78.5 billion, equaling 69.5% of our total revenue to the national exchequer in the form of taxes, VAT duties, license and spectrum assignment fees. Since inception, that means GP contributed more than BDT 1,000 billion to the national exchequer. I will now hand back to Yasir Azman to summarize and wrap up. Thank you. Thank you, Mr. Jens. As I mentioned, the first nine months of the year has been good in terms of our continued and improving growth momentum, mainly driven by higher usage, strong market execution, and a strategic focus on network investment to enhance our customer experience. At the same time, as we discussed and mentioned that we were facing challenges both externally from a macroeconomic climate, at the same time, a regulatory environment which has actually dampened our growth momentum as far as the new subscriber growth concerned. However, as mentioned earlier, with strong teamwork, Grameenphone remains committed to delivering value for our customers and shareholders through continued investment and modernization initiatives that will help us to cater to the constantly evolving connectivity needs of our customer. With that, I will hand over to Ms. Naureen for a Q&A session. Thank you, Yasir Azman, and thank you, Jens Becker. We will now take one to two minutes for questions to start coming in. Everyone please, start posting your questions. Yasir Azman, we've received some questions from IDLC, so I will start with the first questions for you. Could you please provide more details on the partial uplifting of SIM purchase restrictions? And do you have any estimate on how much the revenue was lost during the restriction? I think that on this particular ban on SIM sales, we appreciate that our regulator has withdrawn the SIM sales ban on unused prepaid pre-approved numbers actually to address our customer needs. Those were approved earlier. We are committed to meet our customers' expectations with those. The growth in subscriber acquisition, the overall growth of subscribers slowed down in the industry due to the demand and supply shortage of Grameenphone SIM in the market, and due to an embargo on recent new SIM sales. We believe the industry will be back to growth momentum once the ban is fully lifted, and customers will get connections for the most preferred telecom brand in the country. At this point of time, our pre-approved SIMs are there, available in the market. GP has continuously improving experience that has been reflected in our regulators' finding at the same time, and we continue our dialogue to progress in this area further positively. At this point of time, really pinpointing as such in a way to what's the revenue loss out of this SIM ban, it's difficult because you understand that is a multi SIM market. Even with a slowed down growth for Grameenphone, we have seen the continued usage growth of our existing subscriber. With the investment we are making to improve our network quality, we have seen our growth momentum continue both in revenue and ARPU. Thank you, Azman. Just to follow up, when do you plan to complete rolling out of the new spectrums? I believe this is a reference to the spectrum acquired in 2022. Yeah, you know, it's like, obviously according to our plan, and for the market, you know, it's like real need to ensuring quality data network experience. It is important that we have a right roadmap planning for the spectrum rollout. We have acquired spectrum in 2021, and we have almost completed the rollout of 2100 megahertz spectrum, which we acquired in 2021. We are now starting rolling out 2600 megahertz. Thank you, Azman. I will move on to the performance questions for Jens. What was the voice growth in quarter three 2022? Yes. This has been year-over-year, this was a 3.1% growth in the voice revenue. Additionally, Jens, have you experienced substantial data price cut among competitors in Q3 2022? I mean, as you all know, this is a very competitive market, and there is pressure on prices always. I can say that we have seen a dramatic cut if this is the question you ask for substantial data price cut among the competition. I think the answer is no. The whole market rather being impacted by the data VAT increase from 5%-10%. As a result, according also to the BTRC published information, overall industry lost 2.4 million subscribers. That in essence we don't see substantial price cut going over what we have seen before. Thank you, Jens. We don't have any further questions on the portal. We will wait one or two more minutes to see if there are any more questions. Thank you, everyone. As there are no further questions, we will be closing our session today. Thank you very much for joining us. If you do have any follow-up questions, please feel free to get in touch with me over email or text. We will be taking meetings for the next few days on any questions related to the quarter three performance. Thank you, Jens and Azman, for your presentations today. Thank you everyone.