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June 30, 2010

AmCham warns on Bangladesh telecom bill

The American Chamber of Commerce (AmCham) in Bangladesh and local operators have gone on the war path against the government’s planned telecom reforms. 
 
AmCham executive Mainuddin Monem said the proposed new telecom law sends a wrong signal to foreign investors about the country’s investment climate, reports the

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June 1, 2010

Banglalink plots IPO: report

Bangladeshi cellco Banglalink is mulling a floatation on the local bourse – but only if the government eases its notorious SIM card tax.
 
Shakil Rizvi, president of the Dhaka Stock Exchange, told the Financial Express that he discussed the IPO proposal recently with Banglalink’s chief executive officer Ahmed Abou Doma.
 
“The CEO

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May 4, 2010

Orascom boss eyes M&A in Bangladesh

Orascom Telecom Holding’s group CEO Khaled Bichara says the firm is ready to make a merger play in Bangladesh, where it operates no.

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April 6, 2010

Bangladesh govt plans Teletalk IPO

The Bangladeshi government is planning a public float of 25% of the equity it owns in struggling cellco Teletalk.
 

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March 18, 2010

Riots, taxes drive Orascom into the red

Orascom Telecom Holdings sunk into red ink in the fourth quarter of 2009, posting a net loss of $46.4 million.
 
Full-year net income also fell 25% to $379.47 million, with revenues dipping 5% to reach just over $5 billion.
 
The Egyptian-based firm

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February 25, 2010

Axiata triples net thanks to forex, subs growth

The chief executive of Malaysia-based Axiata Group has deemed 2009 a “spectacular year” after the company tripled full-year earnings.
 
The carrier, which has operations in ten southeast Asian countries, reported RM1.65 billion ($484.8) net profit in 2009, up from jus

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February 9, 2010

Axiata Bangladesh finalizes IPO plans

As share market confidence continues to return, two leading mobile operators in developing Asia – Axiata Bangladesh and Vietnam’s MobiFone – prepare for local IPOs.
 
Axiata Bangladesh’s chairman, Ghazzali Sheikh Abdul Khalid, is due to arrive in Dhaka today to di

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January 19, 2010

Bharti Airtel eyes African telecom PSUs

www.WirelessFederation.com/news: After acquiring a majority stake in the Bangladeshi mobile operator Warid Telecom, Bharti Airtel has expressed its desire to acquire government-owned telcos in developing countries like Africa which are up fJoin Now Feee

January 18, 2010

Warid reveals bigger plans with Indian partners

Filed under: ASIA,Africa,Bangladesh,Bharti Airtel,India,Mobile,Warid Telecom — Editor @ 6:14 pm

www.WirelessFederation.com/news: After disinvesting majority of its shares in its Africa and Bangladesh operations to Ruias promoted Essar group and Bharti Airtel, the Dhabi Group-owned Warid Telecom has planned to jointly bid for telecom l[Content protected for Silver members only]

Chris Tobit appointed Warid’s CEO by Airtel

Filed under: ASIA,Bangladesh,Bharti Airtel,India,Mobile,Warid Telecom — Editor @ 6:11 pm

www.WirelessFederation.com/news: Chris Tobit has been appointed as director of sales and operations, enterprise business to head Bharti’s Airtel newly acquired Warid Telecom. Airtel has bought 70% stake in Bangladesh’s Warid telecom.
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