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Happy Birthday Iqbal Quadir: Bangladesh’s mobile phone architect – Digikar

✔️ 2022-08-13 06:35:50 – Paris/France.

Quadir d’Iqbal is an entrepreneur who champions the importance of innovation and entrepreneurship to bring prosperity to underdeveloped countries. With the idea that “connectivity equals productivity”, a visionary started the mobile phone revolution in Bangladesh, one of the developing countries of Asia. Although he has no background in telecommunications, Iqbal Quadir founded Grameenphone to provide 100 million people in rural Bangladesh with telephone access. Iqbal is also the founder and director emeritus of the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology.

Full name: Iqbal Z. Quadir

Date of Birth: August 13, 1958

Net value : Unknown

On his 64th birthday, here are some fascinating but little-known facts about Iqbal Quadir, who pioneered the mobile phone revolution in developing countries.

  1. Iqbal Quadir was born in 1958 in Jessore, Bangladesh. In 1976 he moved to the United States and later became a citizen by naturalization. He received a BS with honors from Swarthmore College in 1981, followed by an MA and MBA from the Wharton School of the University of Pennsylvania in 1983 and 1987, respectively.
  2. Between 1983 and 1985, Quadir worked as a consultant at the World Bank in Washington, D.C. After completing his MBA at Wharton, he worked as an associate at Coopers & Lybrand from 1987 to 1989, an associate at Security Pacific Merchant Bank from 1989 to 1991 , and vice-president of Atrium Capital Corporation from 1991 to 1993.
  3. Iqbal Quadir focused on his overarching goal of providing the rural poor of Bangladesh with access to digital telephone service and expanding self-employment opportunities. Surprisingly, in 1993, when less than 1% of Americans used cell phones, he came up with the idea of ​​starting a cell phone company in Bangladesh, where GDP per capita was around $340. At the time, the cost of producing a GSM mobile phone was around $500. In 1993-94 he approached the Grameen Bank and pitched his idea for what he then called the “Gonofone” – phones for the masses.
  4. On March 26, 1997, Iqbal Quadir launched Grameenphone, the revolutionary mobile network operator au bengladesh. Perhaps for the first time, cell phones have been made accessible to the masses, including low-income people, thanks to the Grameenphone.
  5. In the early days of Grameenphone, a group of Americans backed the project with $1.65 million and later after eight years sold them for $33 million. Grameenphone shareholders now include Telenor, Grameen Telecom and Marubeni.
  6. Iqbal Quadir left Grameenphone in 2000, and between 2001 and 2005 he was a Fellow and Lecturer at Harvard Kennedy School. For someone with a keen interest in economic theory and history, this was a hard offer to refuse. Between 2009 and 2015, he worked as a professor of development and entrepreneurship at MIT (Massachusetts Institute of Technology).
  7. In 2007, Iqbal founded the Legatum Center to train and support MIT graduate students interested in starting businesses in low-income countries. As executive director of MIT’s Legatum Center for Development and Entrepreneurship, he focused on generating energy using organic means through Girguis’ fuel cells. He spent nearly ten years as a professor of practical entrepreneurship at MIT.
  8. In 2006, Iqbal Quadir created Emergence BioEnergy, Inc., to build small power plants for the people of Bangladesh, where 70% of the population had no access to the electricity grid. The March 9, 2006 issue of The Economist included an article entitled “Power to the people” which highlighted the Emergence BioEnergy project. In 2007, Emergence BioEnergy won an Asian Innovation Award from the Wall Street Journal. However, later it was closed.

“I am driven by creating a level playing field for the world so that the weak have a chance”

The article is part of B’day Série where we very frequently celebrate the birthday of renowned personalities from all industries. The series includes entrepreneurs, C-level executives, innovators or renewed leaders who have moved the industry with their exponential skills and vision. The intention is to highlight the person’s accomplishments and touch the little known, but interesting, part of their life. You can see the list of all famous tech personalities including Mark Zuckerberg, maire de Marrisa, Sean Parker, Andy Rubin, Julian Assangeby following this link or by subscribing to your daily newsletter.

To make it more exciting, we suggest you use the comments section if you are one of those celebrating their birthday with today’s star personality.

SOURCE : Digikar

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