The board of directors of Aamra Technologies has decided to receive National Internet Exchange (NIX) licence from Bangladesh Telecommunication Regulatory Commission (BTRC).
The NIX licensees allow its holders to route domestic internet traffic, according to a disclosure posted on the Dhaka stock Exchange (DSE) website on Thursday.
"The purpose of NIX is to facilitate local content development, encourage local web hosting and reduce latency in domestic traffic and thus saving international internet bandwidth and foreign currency," it said.
The licence would allow Aamra Technologies to build its own NIX infrastructure and facilitate internet service with higher efficiency and lower latency, giving the company a vital competitive edge over its competitors, it said.
"Considering the rapidly growing internet user-base of Bangladesh, many international content providers such as Netflix, Vimeo, What's App, Viber are expected to be connected with Aamra Technologies' NIX to reduce latency of their content inside Bangladesh, resulting in mutual commercial benefit of the company and international content providers," said the disclosure.
Aamra Technologies expects to finish building its NIX infrastructure within a year and initial investment will be approximately Tk 10 million, the disclosure added.
The company has also reported earnings per share (EPS) of Tk 0.34 for January-March 2018 as against Tk 0.61 for January-March 2017. In nine months for July 2017-March 2018, EPS was Tk 1.23 as against Tk 1.09 for July 2016-March 2017.
Each share of Aamra Technologies closed at Tk 31 on Thursday, registering an increase of 0.65 per cent over the previous day.
The company's paid-up capital is Tk 553.69 million and authorised capital is Tk 1.0 billion, while total number of securities is 55.36 million, the DSE data shows.
The sponsor-directors own 30.01 per cent stake in the company while institutional investors 30.12 per cent, foreign investors 0.10 per cent and the general public 39.77 per cent as of March 31, 2018.
Aamra Technologies, which was listed on the Dhaka bourse in 2012, retained standard category of "A" in the market by declaring 10 per cent cash dividend in the last three consecutive years.
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