The New Nation - Internet Edition

BUSINESS REPORT

Citycell has recently signed an agreement with Eastern Management Services Ltd (Representative of MoneyGram International in Bangladesh).

MoneyGram International is a global leader in high-performance payment and financial services company that efficiently and economically moves money around the globe. It facilitates affordable, reliable and convenient payment services across the world.

Under the agreement, Eastern Management Services Ltd will use Citycell's high speed wireless internet service Zoom™.

This CDMA2000 1X technology based service will provide high speed connectivity to the bank agents of Bangladesh in order to ensure secure remittance transfer even in the remote areas of the country. Zoom™ offers the most secured data transfer facility across Bangladesh.

Shafiul Azam, Chairman and CEO of Eastern Management Services Ltd (Representative of MoneyGram International in Bangladesh) and Michael Seymour, CEO of Citycell signed the agreement on behalf of their respective organisations.

Dr. Anand Rajasingham, Head of Marketing, Ahmed Armaan Siddiqui, Deputy General Manager, Product and Business Development, Sharif Shah Jamal Raj, Corporate Account Manager, Nur E Alam Sohel, Corporate Account Manager of Citycell were also present at the signing ceremony.