Ollo to invest $20m for LTE rollout, claims CEO

Bangladesh Sangbad Sangstha . Dhaka | Published: 22:42, Apr 01,2017

 
 

Broadband Wireless Access (BWA) service operator Ollo plans to invest over $ 20 million for 4G LTE (long term evaluation) network expansion in Bangladesh.
‘We would make immediate investment of $ 5 million for LTE network expansion in Dhaka and some other big cities,’ said Ollo chief executive officer Sergey Topalov.
He said Ollo is waiting for the clearance of telecom regulator for importing equipment to install nearly 30 new Base transceiver stations (BTSs) in the capital and some big cities by this year.
‘With the new BTSs, the total number of BTSs will be nearly 80, of which 50 will be in Dhaka while the remaining is in big cities and district towns,’ added Sergey.
Mentioning that Ollo has already made investment of $ 25 million for network and others, he revealed: ‘The operator plans to invest another $ 15-20 million in next two years for BTSs.’
Replying to a query regarding Ollo’s go slow policy for business here, he said: ‘We were two different entities under a brand name, but now merged which has needed huge time due to clerical procedures and court cases.’
Bangladesh Internet Exchange Limited or BIEL got BWA license on November 21, 2013. BIEL is a result of merger of New Generation Graphics Limited in the form of accession to BIEL starting from October 8, 2014. Now, it is providing 4G LTE services in Dhaka, Jessore, Gopalganj, Sylhet, Mymensingh, Barisal and Rangpur.

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