GP, Banglalink get spectrum for 4G

MNA Science & Tech Desk: Two leading mobile operators –Grameenphone and Banglalink — acquired 15.6 Megahertz of 4G spectrum with a price of $463.6 million in auction today.

Banglalink took 10.6 MHz spectrum from different two bands – 2100 and 1800, with a price of $308.6 million while Grameenphone took 5MHz from only 1800 band with a price of $155 million.

With the spectrum fees, operators will have to pay 10 percent extra as VAT, if the finance ministry accepts the proposal recently sent by National Board of Revenue. Otherwise, they will have to pay 15 percent VAT on two of the spectrum charge.

Bangladesh has raised Tk 52.89 billion in revenue from 4G frequency allocation and tech neutrality fees from three mobile operators.

Bangladesh Telecommunication Regulatory Commission (BTRC) organised the long pending auction with a target to collect Tk 11,000 crore ($1340 million).

The second largest mobile operator, Robi, did not participated in the auction as they thought their existing spectrum will be enough for offering 4G services. The state-owned Teletalk earlier declined to apply to sit in the spectrum auction.


Check Also

HM Ershad takes oath

MNA National Desk: Jaitya Party Chairman HM Ershad, who has been elected lawmaker from Rangpur-3 ...

Scroll Up