Investments Procedure of Sjibl
Airtel Bangladesh Ltd
Airtel is an Indian communications company with operations in 19 countries that are around Asia and Africa and they have over 200million customers. Airtel deals with mobile telecommunication, home phone lines, broadband internet and other telecom solutions. Airtel Bangladesh Ltd. is a GSM-based cellular operator in Bangladesh. Airtel is the sixth mobile phone carrier to enter the Bangladesh market, and launched commercial operations on May10, 2007.Warid Telecom International LLC, an Abu Dhabi based consortium, sold a majority 70% stake in the company to India's Bharti Airtel Limited for US$300 million and it’s new name is Airtel Bangladesh Limited. Warid has been converted into Airtel.
From then Warid user are Airtel user. Bharti Airtel Limited takes management control of the company and its board, and reframed the company's services under its own Airtel brand from 20 December 2010. The Bangladesh Telecommunication Regulatory Commission approved the deal on January 4, 2010.In January 2010, Bharti Airtel Limited, Asia’s leading integrated telecom services provider, acquired 70% stake in Warid Telecom, Bangladesh, a subsidiary of the UAE-based Abu Dhabi Group.
Bharti Airtel is making a fresh investment of USD 300 million to rapidly expand the operations of Warid Telecom and have management and board control of the company. This is the largest investment in Bangladesh by an Indian company. Dhabi Group continues as a strategic partner retaining 30% shareholding and has its nominees on the Board of the Company. Airtel has developed there networking system across the country including rural areas for better service. Airtel is using same logo in Bangladesh which is also use in India for a global introduction .Airtel will give more facilities to it’s consumer. According to BTRC Airtel has four million user in Bangladesh
Airtel is an Indian communications company with operations in 19 countries that are around Asia and Africa and they have over 200million customers. Airtel deals with mobile telecommunication, home phone lines, broadband internet and other telecom solutions. Airtel Bangladesh Ltd. is a GSM-based cellular operator in Bangladesh. Airtel is the sixth mobile phone carrier to enter the Bangladesh market, and launched commercial operations on May10, 2007.Warid Telecom International LLC, an Abu Dhabi based consortium, sold a majority 70% stake in the company to India's Bharti Airtel Limited for US$300 million and it’s new name is Airtel Bangladesh Limited. Warid has been converted into Airtel.
From then Warid user are Airtel user. Bharti Airtel Limited takes management control of the company and its board, and reframed the company's services under its own Airtel brand from 20 December 2010. The Bangladesh Telecommunication Regulatory Commission approved the deal on January 4, 2010.In January 2010, Bharti Airtel Limited, Asia’s leading integrated telecom services provider, acquired 70% stake in Warid Telecom, Bangladesh, a subsidiary of the UAE-based Abu Dhabi Group.
Bharti Airtel is making a fresh investment of USD 300 million to rapidly expand the operations of Warid Telecom and have management and board control of the company. This is the largest investment in Bangladesh by an Indian company. Dhabi Group continues as a strategic partner retaining 30% shareholding and has its nominees on the Board of the Company. Airtel has developed there networking system across the country including rural areas for better service. Airtel is using same logo in Bangladesh which is also use in India for a global introduction .Airtel will give more facilities to it’s consumer. According to BTRC Airtel has four million user in Bangladesh