“We believe that the merger approval is certainly the right step towards ensuring a robust competitive landscape in the telecom sector of Bangladesh,” said Robi’s Chief Corporate and People Officer Matiul Islam Nowshad. The single entity will facilitate availability of internet access across Bangladesh and improve affordability of mobile services through the enhanced scale of combined operations. It would facilitate the government’s vision of Digital Bangladesh and drive foreign direct investment (FDI) into Bangladesh. Improving the cost of operations and business viability that will lead to greater returns to the shareholders resulting in the ability to further invest towards the expansion of telecommunication services across the country. Industry insiders said the merger is set to strengthen the industry structure, competitiveness and, more importantly, bring greater benefits to customers in terms of network quality and coverage and an improved offering of data products and services.

Source: Dhaka Tribune August 31, 2016 20:03 UTC