Veon subsidiary Banglalink said on Wednesday it has completed the sale of part of its tower portfolio in Bangladesh to Summit Towers for BDT11 billion (US$100 million).
Three private licensees of submarine cable Summit Communications, CdNet Communications and Metacore Subcom Ltd have formed a consortium to install the cable
Bandwidth imports from India have surpassed that from submarine cables due to a surge in internet usage, India’s more attractive pricing and enhanced redundancy, and the saturation of Bangladesh’s existing undersea cables’ capacity.
Bandwidth imports from India have surpassed that from submarine cables due to a surge in internet usage, India’s more attractive pricing and enhanced redundancy, and the saturation of Bangladesh’s existing undersea cables’ capacity.