Banglalink Gets Unified Licence to Deliver Superior Digital Services in Bangladesh
2024年3月18日 - 4:30PM
RNSを含む英国規制内ニュース (英語)
Banglalink Gets Unified Licence to Deliver Superior Digital
Services in Bangladesh
The unified licence consolidates current
licences and provides the groundwork for upcoming
technologies
Amsterdam and Dhaka, 18 March
2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam:
VEON), a global digital operator that provides converged
connectivity and online services, announces that Banglalink, its
leading innovative digital service provider in Bangladesh, has
received a unified licence from the Bangladesh Telecommunication
Regulatory Commission (BTRC).
The newly issued licence combines existing
authorisations to use 2G, 3G, and 4G standards, making Banglalink’s
licences technology-agnostic across these three generations, and
can also be used for the rollout of future technologies. By
consolidating the existing licences, it simplifies and streamlines
licence renewal to a single process. The unified licence also
facilitates the active sharing of infrastructure resources between
operators, provides clearer guidelines on data retention, offers
more clarity regarding the audit period, and rationalizes various
fees and charges.
“The unified licence frees up capacity for
Banglalink to deliver superior digital services, enhance
connectivity to its customers and streamline the user experience
that it provides. We commend the Government of Bangladesh for their
progressive approach in supporting our industry’s contributions to
the country’s digitalization” said Kaan Terzioglu, Group CEO of
VEON.
“This is an important milestone in Banglalink’s
quest to pioneer innovative digital services through our nationwide
network coverage, liberating crucial resources for us to focus on
providing a superior customer experience. These changes will
positively impact Banglalink’s adoption of advanced technologies
and help us support the Smart Bangladesh vision” said Erik Aas, CEO
of Banglalink.
“As we award Banglalink the unified licence, we
step closer to our goal of a streamlined telecom sector for a Smart
Bangladesh. We appreciate Banglalink's dedication to fulfilling
corporate governance standards and their role in shaping a
digitally advanced future, focusing on connectivity and innovation”
said Engineer Md Mohiuddin Ahmed, Chairman of the BTRC.
Erik Aas, Chief Executive Officer of Banglalink,
received the unified licence from Engineer Md Mohiuddin Ahmed,
Chairman of the BTRC in Dhaka on 14 March 2024.
About VEON
VEON is a digital operator that provides converged connectivity and
digital services to nearly 160 million customers. Operating
across six countries that are home to more than 7% of the world’s
population, VEON is transforming lives through technology-driven
services that empower individuals and drive economic growth.
Headquartered in Amsterdam, VEON is listed on NASDAQ and
Euronext.
For more information visit: https://www.veon.com.
Disclaimer
This release contains “forward-looking statements,” as the phrase
is defined in Section 27A of the U.S. Securities Act of 1933, as
amended, and Section 21E of the U.S. Securities Exchange Act of
1934, as amended. Forward-looking statements are not historical
facts, and include statements relating to, among other things,
VEON’s commercial and investment plans. Forward-looking statements
are inherently subject to risks and uncertainties, many of which
VEON cannot predict with accuracy and some of which VEON might not
even anticipate. The forward-looking statements contained in this
release speak only as of the date of this release. VEON does not
undertake to publicly update, except as required by U.S. federal
securities laws, any forward-looking statement to reflect events or
circumstances after such dates or to reflect the occurrence of
unanticipated events.
Contact Information
VEON
Hande Asik
Group Director of Communication
pr@veon.com
TUVA Partners
Julian Tanner
julian.tanner@tuvapartners.com
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