September 17, 2014 3:47 AM ET

Wireless Telecommunication Services

Company Overview of Teletalk Bangladesh Ltd.

Company Overview

Teletalk Bangladesh Ltd. provides mobile telephone services in Bangladesh. It offers various facilities, such as Internet browsing, email, Internet chatting, data transfer, etc., for post-paid and pre-paid subscribers; push-pull services for providing latest updates on cricket matches, weather forecasts, prayer times, quotes, and horoscopes; short message services (SMS) in English and Bangladeshi languages; and ISD and EISD, load shedding, mobile applications, and voice SMS services. The company also provides 3G, prepaid, postpaid, corporate, and mobile Internet services. Teletalk Bangladesh Ltd. was incorporated in 2004 and is based in Dhaka, Bangladesh.

House No. 41

Road No. 27

Block A, Banani

Dhaka,  1213

Bangladesh

Founded in 2004

Phone:

880 2 885 1060

Fax:

880 2 988 2828

Key Executives for Teletalk Bangladesh Ltd.

Managing Director and Director
General Manager of Finance and Accounts
General Manager of Admin
General Manager of Customer Service
Compensation as of Fiscal Year 2014.

Teletalk Bangladesh Ltd. Key Developments

Teletalk Bangladesh Limited Launches 3G Modem

Teletalk Bangladesh Limited launched 3G modems, with 4 Megabits per second maximum speed, after operating 3G services for one and a half months. The state-owned mobile operator launched the product, 'Flash', with the package of 10 GB data and one SIM card at Tk 2,500. The customers will have to use up the free data within 10 days of activation. The company will launch its 3G service in Chittagong and Sylhet by February. Two types of packages -- postpaid and prepaid -- were designed for the dongle service. The prepaid plan includes 1GB, 2GB, 3GB, 10GB and unlimited packages at Tk 300, Tk 500, Tk 625, Tk 1,000 and Tk 1,500 with 512Kbps speed. Two other packages, at Tk 800 and Tk 1,200, provide 4GB and 8GB internet services with 1Mbps speed. In the postpaid plan, customers will have to spend Tk 500, Tk 900 and Tk 1,500 to use 4GB, 12GB and unlimited packages with 512Kbps speed, while Tk 1,400 and Tk 2,500 will allow the usage of 10GB internet with 1Mbps and 2Mbps speed respectively.

Teletalk Bangladesh Limited Launches 3G Services

Teletalk Bangladesh Limited on October 14, launched 3G services, with an initial subscriber base of 300,000 in the capital Dhaka and plans to expand in phases.

Teletalk To Raise BDT 6 Billion Through IPO

Teletalk Bangladesh Limited is planning to raise BDT 6 Billion from the capital market to expand and increase services, said Shahara Khatun, Telecom Minister. Shahara added, "Applications for initial public offering and prospectus will be sent by next month to the Securities and Exchange Commission for approval." The initial public offering (IPO) will be floated as soon as possible.

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