Banglalink and Huawei sign agreement on USD300m expansion

22 Jul 2013

Bangladeshi cellco Banglalink announced a plan for a USD300 million two-year network capacity expansion and upgrade programme at a press conference on Sunday. At the event the Vimpelcom-backed company signed an agreement with Chinese technology vendor Huawei to build new backbone capacity, the Financial Express reports. Banglalink CEO Ziad Shatara said that the network upgrades implemented under the agreement will enable the operator to modernise the existing network as well as 3G-enabling it, while at the same time allowing the expansion of network coverage and overall capacity. Answering questions regarding the upcoming 3G licence auction (set for 2 September), the CEO said that despite some ‘unresolved issues’ (including tax issues being argued with the government) the company is preparing itself for 3G, although the final decision to enter a bid ‘comes from the shareholders’ side.’ He added that ‘there is a dateline for resolving the issues’, and that once the disputes are settled Banglalink’s management would recommend to its shareholders to proceed with an auction bid.

Bangladesh, Banglalink, Huawei Technologies,

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