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22 February, 2020 12:25:31 AM / LAST MODIFIED: 22 February, 2020 01:20:16 PM
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GP decides to deposit Tk 1,000cr

STAFF REPORTER, Dhaka
GP decides to deposit Tk 1,000cr

Grameenphone, the largest telecom service provider of the country, has decided to deposit BDT 1,000 crore by Monday (February 23) to BTRC, following the order of the Appellate Division on Grameenphone’s review petition heard on Thursday. In a statement issues yesterday, the mobile operator said, “Grameenphone respects the legal system of Bangladesh, the Supreme Court’s direction, and looks forward to getting court protection from the pressure BTRC has applied to the company and its management.”

The statement said BTRC has applied several actions to restrict Grameenphone’s operations, including declining no objection certificates, issuing show cause notice for license cancellation, denying recycling of number series and threatening the company with the appointment of an administrator. These actions have had negative impact on customer experience and business partners, reduced confidence in the business environment and dented interest from investors.

“Grameenphone reiterates that the company disputes the validity of the BTRC audit claim and looks forward to having its position heard before the Hon’ble Courts. Grameenphone continues its dialogue with the authorities of Bangladesh to find an amicable and transparent solution to the dispute and protect the value to customers, partners and shareholders,” it said.

“Complying with the Supreme Court’s direction, Grameenphone expects that business operations will run without further obstacles and allow us to best serve our customers,” Grameenphone said.

MK

 

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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