Bangladesh Telecommunication Regulatory Commission has invited proposals from the competent entities to award four tower sharing company licences aiming to separate ownership of mobile phone towers from mobile phone operators.
The invitation, published on Monday, set the proposal submission deadline on May 15, 2018.
An interested entity must be a joint venture company with a Bangladeshi partner, while the foreign partner/partners will have to limit their shareholding within 70 per cent, the BTRC invitation said.
Having minimum 3 years of experience in successful tower sharing business along with operation of at least 5,000 thousand has also been made mandatory to be eligible for the licence.
On the other hand, mobile phone operators or broadband wireless access operators are not eligible to get the licence.
However, the applicant holding share of cellular mobile phone and BWA operator of Bangladesh will have to transfer the concerned shares (if any) of the said entity before awarding the licence.
A senior BTRC official said although four company licences to be awarded, only two interested parties have so far communicated with them for the licences.
Of them, one is US-based global tower company ATC (American Tower Corporation) and another is edotco Bangladesh, he said.
edotco is a Malaysian company and a sister concern of Axiatia Group — the parent company of local mobile operator Robi.
Robi holds 20 per cent share in edotco.
The official also said they saw little chance to get expression of interest from any other entities as the business requires huge capital to run.
Want stories like this in your inbox?
Sign up to exclusive daily email
More Stories from Telecom