The New Nation - Internet Edition

Staff Reporter

Bangladesh Mobile-phone Businessmen Association (BMBA) urged the government to form a unified mobile phone business policy to bring order in the business and generate more revenue.

"Mobile phone sector is one of the most rapidly growing business sector in Bangladesh for last couple of years. This business expansion is generating a huge amount of revenue for the government," said BMBA President Engineer Muhammad Nezamuddin Zeetu.

According to him, as there is no concrete policy yet to control business in this sector, unregulated involvement and business expansion are harming this potential sector. The government is also deprived of huge revenues, he explained.

"So it is the high time to form a well defined business and expansion policy for the mobile phone sector, covering both the phone operators and the set importers," he added.

He was addressing the formal inauguration of the 2nd International Mobile Phone Fair-2007 held yesterday at the China Bangladesh Friendship Conference Center in the city.

Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) administrator Syed Manzur Elahi formally inaugurate the fair as chief guest.

In his address he predicts a bright future for telecommunication business in Bangladesh.

"Mobile Phone sector has brought huge foreign investment in the country and provided employment to millions of our youths," Elahi said.

"As this sector is expending with time, a telecommunication revolution is to come and is likely to change our entire life patterns for the better," he added.

However, FBCCI Administrator appreciated all efforts to involve telecommunication companies in the capital market. He expected more such contributions to our national economy would take place from all concerned companies in near future.

Later all the guests visited different stalls of the fair.