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The telecom regulator has sought consent from the government after Summit Communications Ltd applied to use Bangladesh as a transit point to supply bandwidth to the northeastern states of India.
Veon subsidiary Banglalink said on Wednesday it has completed the sale of part of its tower portfolio in Bangladesh to Summit Towers for BDT11 billion (US$100 million).
Veon Ltd has announced today that its wholly owned subsidiary Banglalink has completed the sale of part of its tower portfolio in Bangladesh to Summit Towers Limited for about Tk 1,100 crore or $100 million.
Amsterdam and Dhaka, 31 January 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that, further to the announcement dated 15 November 2023, and the legal transfer of towers in December 2023 following the receipt of all regulatory approvals, its wholly owned subsidiary Banglalink has completed the sale of part of its tower portfolio in Bangladesh to Summit Towers Limited for a consideration of ap
Bangladesh Infrastructure service provider Summit Communications has signed a deal with Juniper Networks to upgrade its core optical network to 400G in anticipation of a surge in traffic demand once 5G is commercially launched in the country.