Citycell pays BTRC another Tk 100cr

Staff Correspondent | Published: 00:32, Nov 18,2016

 
 

Mobile phone operator Citycell on Thursday paid another Tk 100 crore to the telecom regulator following an order of the Appellate Division, said officials of the Bangladesh Telecommunication Regulatory Commission.
The full bench of AD on November 3 asked the mobile operator to pay Tk 100 crore by November 19 in the second instalment after Citycell went to the AD following the closure of its operation by the BTRC on charge of its failure to pay the first instalment of its dues in full by the October 20 deadline.
BTRC officials said that with Thursday’s payment Citycell now had paid Tk 230 crore in two instalments and avoided the risk of operation suspension again.
As Citycell had paid Tk 130 crore in the first instalment, the BTRC suspended its operation on October 20 saying that the operator would have paid Tk 318 crore, estimated by the regulator to be the first instalment of Tk 477 crore in dues.
Citycell challenged the BTRC estimation in the AD following which the court ordered the operator to pay Tk 100 crore by November 19 and asked the BTRC to withdraw the suspension on the company’s operation.
The court also ordered to form a three-member arbitration committee headed by Professor Jamilur Reza Choudhury, vice-chancellor of the University of Asia Pacific, to settle the dispute over valuation of Citycell’s dues.
The committee also includes the BTRC chairman and a joint secretary of the telecommunication ministry.

A senior Citycell official said that as per the court order the company paid Tk 100 crore more in the stipulated time.

‘We hope that other matters with the regulators will be resolved soon,’ he said on Thursday.
BTRC officials said that the commission had already returned Citycell’s spectrum and allowed operation of the company after the court order.
They said the commission was yet to receive the certified copy of the order and would take next steps after receiving that.
Once the commission gets the certified copy of the verdict, the three-member committee will start working, they said.

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