IDCOL, BRAC Bank to finance IGW services
Thursday, 25 December 2008
IDCOL (Infrastructure Development Company Ltd) signed a dollar loan agreement with Bangla Trac Communications Limited for setting up International Gateway (IGW) Services in Dhaka. Under the agreement, IDCOL will provide US$ 3 million financing to the project. BRAC Bank Limited is the other lender to the project that extended a loan of Tk 610 million.
BTCL, as one of the four licensed operators of IGW, routes incoming and outgoing international calls to and from Bangladesh, says a press release.
The IGW of BTCL which has a capacity of handling 20,000 concurrent calls at a time, supports voice call services, both clear channel and VoIP.
Md Mosharraf Hossain Bhuiyan, Additional Secretary of ERD and Executive Director-cum-CEO of IDCOL and Tarique E. Haque, Managing Director-cum-CEO of Bangla Trac Communications Limited signed the loan agreement on behalf of their respective companies.
Other officials of BRAC Bank and IDCOL were also present on the occasion.
BTCL, as one of the four licensed operators of IGW, routes incoming and outgoing international calls to and from Bangladesh, says a press release.
The IGW of BTCL which has a capacity of handling 20,000 concurrent calls at a time, supports voice call services, both clear channel and VoIP.
Md Mosharraf Hossain Bhuiyan, Additional Secretary of ERD and Executive Director-cum-CEO of IDCOL and Tarique E. Haque, Managing Director-cum-CEO of Bangla Trac Communications Limited signed the loan agreement on behalf of their respective companies.
Other officials of BRAC Bank and IDCOL were also present on the occasion.