Shahed Alam, the chief corporate and regulatory officer of the carrier, said they hope the funds will be released this month. Robi will need to repay the credit over a period of seven years. It plans to widen network with the Tk 5.15 billion raised from the stock market. Robi had more than 50 million subscribers in October, according to the Bangladesh Telecommunication Regulatory Commission. Its assets are worth Tk 171.97 billion, according to the company’s financial report for the year 2019.

Source: bd News24 December 16, 2020 15:45 UTC