RanksTel agrees loan for PSTN expansion

31 May 2007

Bangladeshi fixed line operator Ranks Telecom (RanksTel) has agreed a BDT1 billion (USD15 million) loan with Infrastructure Development Company Limited (IDCOL) and a syndicate of lenders to expand its PSTN network. According to TeleGeography’s GlobalComms database, RanksTel is licensed for all areas of the country except the capital, Dhaka, and launched CDMA 800MHz WiLL services in September 2005 over a network built by Huawei and ZTE; it signed up around 50,000 subscribers by the end of 2006, mostly in the Sylhet (northeast) and Chittagong (southeast) areas.

Bangladesh, RanksTel,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share