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.
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Telecom IPOs and M&A deals picked up in the second half of 2009 after years of dormancy
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Indonesian cellco Telkom is planning to IPO its tower business, but first it will have to buy out tower partner SingTel in a deal which could cost it up to $1.2 billion.
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