Six companies to get ITC licence next week

http://www.thefinancialexpress-bd.com/more.php?news_id=157228&date=2011-11-25

Six companies to get ITC licence next week

Bangladesh Telecommunication Regularity Commission (BTRC) would issue International Terrestrial Cable (ITC) licence to six companies next week.

“The six companies have already completed necessary process including depositing licence fee. The printing of licence document is going on and it would be handed over to them next week,” BTRC Chairman Maj Gen (retd) Zia Ahmed told BSS.

They have to start operation within six months after getting the licence, he added.

At present, Bangladesh runs its international telecommunication connectivity through the lone submarine cable. But, the connection is snapped time and again due to different problems.

Officials said the licence recipient companies would connect Bangladesh telecommunication with the world through an alternative terrestrial optical fibre of the neighbouring country’s telecom company whenever required.

BTRC Director General (legal and licence) A K M Shahiduzzaman told the news agency that all the necessary works have been completed to hand over the licence next week.

The six companies deposited Tk 20 million (2.0 crore) each as licence fee, he added.

The companies are Novocom Limited, Asis-AHL JV, BD Link Communication Ltd, Mango Teleservices Limited, Summit Communications Ltd and Fibre@Home Limited.

Sources said the government floated the licensing guidelines on March 31 this year. Primarily, the commission had decided to hand over three ITC licences. Later, it changed the decision and started the process of awarding six ITC licences instead of three. Nine companies had submitted applications for licence.

A 20-member evaluation committee of BTRC scrutinised the applications and made a list as per the quality of the companies. It also recommended that the licences be handed over as per the list.

After completing the necessary process, the posts and telecommunications ministry finalised the licence procedure on September 13 this year.

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