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Warid signs corporate deal with LG Butterfly

Friday, 1 August 2008


Warid Telecom, a mobile phone operator in Bangladesh, Wednesday signed an agreement with LG Butterfly Marketing Limited to provide complete telecommunication services under its corporate package, said a press release.

Chairman and Managing Director of Butterfly Marketing Limited MA Mannan and Chief Financial Officer (CFO) of Warid Telecom Amyn Merchant signed the agreement on behalf of their respective organisations at the corporate head office of Warid Telecom in the city.

General managers of Warid Telecom Mumtaz Ahmad Khan, Ashraful H Chowdhury and Mahboob Hossain and director (Sales and Marketing) of Butterfly Mustafizur Rahman Shazid and DGM (admin) M M Ferdous were, among others, present in the signing ceremony.

Under the agreement, LG Butterfly Marketing Limited will enjoy customised tariff and value added services of the Warid Telecom which would keep the marketing company one step ahead of others in receiving telecommunication services and also reduce its telecommunication costs significantly.

Amyn Merchant thanked LG Butterfly for choosing Warid Telecom's services to meet its telecommunication needs. "We hope users in LG Butterfly would enjoy our high-quality -services in a competitive price," he said.

Since its commercial operation in Bangladesh in May 10, 2007, Warid Telecom, which invested about Tk 35 billion (3500 crore) to establish the state-of-the-art Next Generation Network (NGN), has acquired over 3.0 million subscribers through spreading its network to 64 districts.

It also planned to invest over Tk 17 billion (1700 crore) within a year to improve its network and quality of services.