Spectrum auction: No earnest money for Teletalk
Anaet Shawon
4th March, 2021 10:26:32
State-owned mobile phone operator Teletalk Bangladesh Ltd is going to participate in the upcoming spectrum auction without making any earnest payment, enjoying a special favour from the government.
The Posts and Telecommunications Division on Thursday asked the Bangladesh Telecommunication Regulatory Commission (BTRC) to allow Teletalk to take part in the auction on condition that it will pay the bidding money of Tk 100 million after the bidding.
However, private cell-phone operators must pay the earnest money before the auction as per the auction conditions.
According to the auction condition 16 (2) (3), each bidder shall deposit bid earnest money within the time schedule determined by the commission.