Wednesday, August 15, 2018 | ePaper

Mobile spectrum auction today

  • Print
Economic Reporter :
Bangladesh Telecommunication Regulatory Commission (BTRC) is set to hold the much awaited spectrum auction in different bands on Tuesday (today) for introducing 4G/LTE service in the country.
Two mobile network operators (MNOs) are taking part in the auction although four MNOs applied for vie it.
"Grameenphone and Banglalink are participating in tomorrow's spectrum auction," BTRC Secretary and Spokesperson Sarwar Alam said on Monday.
He said Grameenphone has secured its seat only for 1800 MHz while Banglalink for 1800 MHz and 2100 MHz.
Telecom regulator had arranged spectrum auction for 900 MHz, four blocks in 1800 MHz and five blocks in 2100 MHz bands. Each block in 2100 band contains 5 MHz of spectrum while four blocks (one 5.6 MHz, two 5 MHz and another 2.4 MHz) in 1800 band.
In the auction, the BTRC will give away 25 MHz in 2100 MHz band with a floor price of $27 million per MHz. It will also put up for sale 18 MHz in the 1800 MHz band and 3.4 MHz in the 900 MHz band, both starting off with $30 million per MHz. But, now 900 band will not be auctioned for reluctance of MNOs.
Initially, four operators-Grameenphone, Robi, Banglalink and Citycell-applied and became eligible for the much awaited auction.
But, finally Robi and Citycell refrained to obtain their seat in the auction not paying the bid earnest money. On the other hand, market leader Grameenphone deposited bid earnest money only for 1800 MHz while Banglalink for 1800 MHz and 2100 MHz. None of them showed interest for 900 MHz.
Banglalink paid Taka 300 crore to bid for two bands while Grameenphone paid Taka 150 crore.
Meanwhile Citycell, out of service since October 2016, has missed another scope to return to operations. There was a glimmer of a comeback when BTRC announced that Citycell was eligible for 4G licence and spectrum auction.

More News For this Category

Md. Abdus Salam Azad, Managing Director of Janata Bank Limited poses with the participants of certificate awarding ceremony of Business English Language Course (Evening) for its executives at the Bank's Staff College in the city recently conducted by British Council, Dhaka. Senior officials of the Bank were also present.

Md. Abdus Salam Azad, Managing Director of Janata Bank Limited poses with the participants of certificate awarding ceremony of Business English Language Course (Evening) for its executives at the Bank's Staff College in the city recently conducted by British Council, Dhaka. Senior officials of the Bank were also present.

.

GP adds new smartphones to its 4G ecosystemBusiness Desk

Grameenphone, the number one mobile operator in the country, has added two new co-branded smartphones to its 4G ecosystem. The two smartphone, Symphony G100, and Micromax B5 Pro were

Ctg shopkeeper gets new car buying Walton fridge

Business Desk :Tishu Das, a shopkeeper of a readymade garment store in Chattagram, received a brand-new car after buying a Walton brand refrigerator and registering it under the ongoing

Mohammed Zahirul Alam, Deputy Managing Director of Bank Asia and Aniruddha Hom Roy, Private Sector Advisor, Economic Growth Office of USAID take part at the launching ceremony of `Agent Nirdeshika', a publication by Bank Asia in its Corporate Office in the city’s Purana Paltan on Tuesday. The book is published with the support of USAID's Agricultural Value Chains Project in Bangladesh with the aim to build capacity of agents and officers and promote agricultural development alongside inclusive financial activities.

Mohammed Zahirul Alam, Deputy Managing Director of Bank Asia and Aniruddha Hom Roy, Private Sector Advisor, Economic Growth Office of USAID take part at the launching ceremony of `Agent Nirdeshika', a publication by Bank Asia in its Corporate Office in the city’s Purana Paltan on Tuesday. The book is published with the support of USAID's Agricultural Value Chains Project in Bangladesh with the aim to build capacity of agents and officers and promote agricultural development alongside inclusive financial activities.

.

PRAN Spice special offer on Eid-Ul-Azha

Business Desk :PRAN spice has brought numerous special discount and offerfor the customers on the occasion of holy Eid-Ul-Adha.People are getting Tk30 discount on purchasing 1 kg pack whileTk15

Jet Airways shares hit 3-year low

Reuters :India's Jet Airways shares hit a three-year low on Friday after it deferred its earnings, prompting analysts to say it urgently needed to recapitalise and restructure.The airline was

Mohammad Jalaluddin, Managing Director of Ansar-VDP Unnayan Bank, presiding over a discussion meeting on

Mohammad Jalaluddin, Managing Director of Ansar-VDP Unnayan Bank, presiding over a discussion meeting on "National Mourning Day" at its head office on Tuesday. Officers and employees of the Bank were present.

.

Stocks witness upward trend on large-cap vibe

Economic Reporter :Stocks witnessed upward trend on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges were found rising trend with higher activities of some large-cap securities. 

Amu to open trade fair in New Delhi

Business Desk :Industries Minister Amir Hossain Amu will leave here tomorrow for India to open the "India International Mega Trade Fair" in the New Delhi.  The Bengal Chamber of

BB releases new notes

Economic Reporter :Bangladesh Bank (BB) on Tuesday released new notes of Taka 10, 20, 50 and 100 denominations in the market ahead of Eid-ul-Azha. The new notes is distributing