Warid, Citycell ink deal to share infrastructures
FE Report | Friday, 20 June 2008
Warid Telecom International Ltd and Pacific Bangladesh Telecom Limited (Citycell) signed a landmark agreement to share their infrastructures Wednesday in compliance with a directive of Bangladesh Telecommunication Regulatory Commission (BTRC).
This is in continuation of a recently signed Memorandum of Understanding (MOU) between these two operators.
Under the deal, potentially 350 Base Transceiver Stations (BTS) could be shared by both the companies including towers, poles, transmitter equipment, transmission bandwidth and power. This move will facilitate substantial cost-savings to both operators and bring environmental and economic benefits to the people of Bangladesh.
Warid Telecom also signed another agreement simultaneously 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, Mr. 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 will be beneficial for both the parties."
Warid and Citycell high officials attended the signing ceremony at the Corporate Head Office of Warid Telecom at Banani in the city.
This is in continuation of a recently signed Memorandum of Understanding (MOU) between these two operators.
Under the deal, potentially 350 Base Transceiver Stations (BTS) could be shared by both the companies including towers, poles, transmitter equipment, transmission bandwidth and power. This move will facilitate substantial cost-savings to both operators and bring environmental and economic benefits to the people of Bangladesh.
Warid Telecom also signed another agreement simultaneously 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, Mr. 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 will be beneficial for both the parties."
Warid and Citycell high officials attended the signing ceremony at the Corporate Head Office of Warid Telecom at Banani in the city.