The Bangladeshi government indicated yesterday that it is not considering an immediate suspension of the operating licence of the country’s leading mobile provider GrameenPhone, a subsidiary of Norway’s Telenor Group, despite a state government commission calling for the prompt withdrawal of the cellco’s concession unless Telenor gives up a portion of its stake to reduce its ownership to a minority holding. The special commission came to its conclusions in a preliminary report last month based on its finding that the original licensing agreement in 1996 which created GrameenPhone as a joint venture with Grameen Bank was invalid. Finance Minister Abul Maal Abdul Muhith told Reuters: ‘We will wait to get the final report from the Commission hopefully… within the next two months.’
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors