Orascom Telecom Holding said its Bangladeshi subsidiary Banglalink will pay about Tk 1,980 crore ($26.3 crore) over the next three years as spectrum and licence renewal fees.
Banglalink, the country’s second largest mobile phone operator with 21.62 million subscribers, has received the final 2G (second generation) licence renewal guidelines, Orascom said a statement.
Ahmed Abou Doma, chief executive officer of Orascom Holding, said: “We are very pleased with the fruitful outcome of the one-year-long negotiations with the Bangladeshi government regarding the 2G licence renewal guidelines.”
“We consider the outcome beneficial to all parties and a positive indication to continue investing in the telecommunication industry in Bangladesh which in turn will benefit the end-users.”
“We remain committed to providing our customers with the latest technology and exceptional quality services,” the statement quoted Doma as saying.
-With The Daily Star input
