PMO clears Robi-Airtel merger proposal - News Summed Up

PMO clears Robi-Airtel merger proposal


“The proposal (of merger) has been cleared by the PMO today (Monday),” an official at the Posts and Telecommunications Division told the Dhaka Tribune. In the process, the government will charge Robi Tk507 crore as spectrum fee and Tk100 crore as merger fee. Prime Minister’s Office has approved the merger proposal of mobile phone operators – Robi and Airtel, paving the way for first such initiative in Bangladesh. Apart from the merger fee, the telecom division has also fixed Tk33.8 crore per megahertz as 2G spectrum fee, the official said. An inter-ministerial meeting chaired by Finance Minister AMA Muhith finalised the merger fee and spectrum prices on July 13.


Source: Dhaka Tribune August 01, 2016 19:01 UTC



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