The New Nation - Internet Edition

BUSINESS REPORT

Following the directive of Bangladesh Telecommunication Regulatory Commission (BTRC), Warid Telecom International Ltd and Pacific Bangladesh Telecom Limited (Citycell) signed a pioneer agreement to share their infrastructures on Wednesday.

Warid and Citycell high officials attended the signing ceremony held at the Corporate Head Office of Warid Telecom at Banani in Dhaka.

This signing was in continuation of a recently signed Memorandum of Understanding (MoU) between these two operators in presence of BTRC Chairman.

Under the deal, potentially 350 Base Transceiver Stations (BTS) including towers, poles, transmitter equipment, transmission bandwidth and power could be shared by both the companies. This move will facilitate substantial cost-savings to both operators and bring environmental and economic benefits to the people of Bangladesh.

In this same ceremony, Warid Telecom also signed another agreement to purchase the HDPE DUCT for fibre optic from Citycell to enhance the capacity of current and future expansion of Warid network.

Chief Executive Officer (CEO) of Citycell Michael Seymour and Chief Financial Officer (CFO) of Warid Telecom Amyn Merchant formally signed the agreement on behalf of their respective companies

Giving his reaction on this occasion, Michael Seymour said, "The infrastructure sharing agreements with Warid are milestones for the Bangladesh telecom industry, allowing us to provide better coverage for our customers in an environment-friendly manner. It is a great outcome for all parties."

Commenting on the tie-up with Citycell, Amyn Merchant said, "This is a landmark agreement in the history of Bangladesh's telecom sector. By collaborating with Citycell, we can cost-effectively serve our customers with wider coverage and greater capacity. It is a win-win deal for both the parties."