Sunday, May 27, 2018 | ePaper

Banglalink keen to invest $1bn over next 3 yrs

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Economic Reporter :
Banglalink, the second largest mobile phone operator in Bangladesh, is willing invest $1 billion over the next 3 years.
The operator since its inception has invested over $2.51 billion in Bangladesh.It has also contributed USD 2.4 billion to the national exchequer, said a press release of Banglalink.
VEON, the parent company of Banglalink, is keen to position Banglalink as a leading provider of connectivity and internet opportunities.
It stated that the tax burden and spectrum fees per MHz are amongst the highest compared to international benchmarks. This will impact the investment capacity in 3G and 4G networks thus the customer experience.
The operator said it looks forward to working with Bangladesh Telecommunication Regulatory Commission (BTRC) on securing the additional spectrum with a view to offering better services to the subscribers throughout the country.

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