Senior Correspondent, bdnews24.com
Published: 2018-11-01 20:07:38 BdST
Telecom and IT Minister Mustafa Jabbar handed the licences to the representatives of edotco Bangladesh, Summit Towers Limited, Kirtonkhola Tower Limited, and AB Hightech Consortium at the BTRC auditorium in Dhaka on Thursday.
edotco Bangladesh Managing Director Rahul Chaudhary, Summit Towers Limited Managing Director Md Arif Al Islam, AB Hightech Managing Director Fazlur Rahman Molla, and Kirtonkhola Managing Director Salman Karim received the licences.
Eight firms applied for the licence in June to offer tower-sharing services in Bangladesh.
After evaluation, telecom regulator BTRC selected four in line with the ‘beauty contest’ method. In August, BTRC announced the selection of the four.
TASC Tower, a UK-based firm, and Global Holding Corporation are the foreign shareholders of Summit Towers Limited.
Kirtonkhola Tower, formerly iSON Tower, was the third company in the contest.
Confidence Tower Holdings is the local shareholder and ECP Tower Singapore is the overseas shareholder of Kirtonkhola.
ADN Telecom, AB Hightech International, ZN Enterprise, Synergy Logistic and Orange Digital are the local shareholders of AB Hightech Consortium, and China Communications Services International and Changshu Fengfan Power Equipment Company are the foreign shareholders.
The guidelines say the companies will operate all the mobile phone towers. To offer the tower-sharing services, the selected companies will have to pay Tk 250 million each in licence fee.
The annual licence renewal fee is Tk 50 million and the firms will share 5.5 percent of their revenue with the BTRC, according to guidelines.