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Bangladesh raises USD 735 mln in 3G auction

2013-09-08 13:29:00| Telecompaper Headlines

(Telecompaper) Bangladesh's four mobile operators have secured 3G spectrum after an auction on 08 September organised by the Bangladesh Telecommunication Regulatory Commission (BTRC). Grameenphone, the largest mobile operator in the country, acquired 10 MHz in the 2,100 band for USD 210 million. Robi, Banglalink and Airtel each acquired 5MHz for USD 105 million. Teletalk, the sole state-run mobile operator, will be awarded 10 MHz spectrum for USD 210 million. The BTRC sold in total 35 MHz of spectrum for USD 735 million, the Dhaka Tribune reported. A total 40MHz was available in the auction. The reserve price was USD 20 million per MHz. Citycell, the oldest operator, sat out the auction after it was unable to raise the necessary financing.

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Category:Telecommunications

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