The New Nation - Internet Edition

BUSINESS REPORT

The fourth largest mobile operator 'Warid Telecom' has unveiled a US$ 250 million network expansion plan yesterday for the year 2008.

"Warid Telecom will make fresh investment of US$250 million to enhance network capacity and service quality for its growing subscribers demand," said Warid Chief Executive Officer Muneer Farooqui.

He was addressing a press conference at a local hotel, marking the first anniversary in Bangladesh as a mobile operator. During the conference, he has elaborated achievements of his organization during last year as well as their future plans.

"New $250 million investment will complement the existing network in the three CHT districts as well as to improve quality of services," Warid CEO elaborated.

He also stated that the Warid Telecom has contributed more than Tk 800 crore to the National Exchequer as direct and indirect taxes till April 2008.

It has also made significant contribution to the economy by creating jobs for over 5,500 citizens through direct and indirect channels, he further added.

General Manager (HR and Admin) of Warid Telecom Mumtaz Ahmed Khan, General Manager (Government and Operator Relations) Ashraful H. Chowdhury, General Manager (Sales) Mahboob Hossain, Deputy General Manger (IT Operations) Saad Ahmed also attended the press conference.

As part of the anniversary celebration, Muneer Farooqui announced a special offer for the general public. Under the offer, subscribers will get free handsets on buying a certain amount of talk-time.