Teletalk submits revised, downsized 4G, 5G project

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Business Desk :
The cost of the state-owned mobile service provider Teletalk has sent for approval a revised network expansion project, with its cost slashed by Tk1,075 crore to Tk2,204 crore. The project cost was initially proposed at Tk3,279 crore.
The revised proposal was prepared under the direction of the prime minister and it was sent to the Planning Commission in the second week of the last month. On February 11, the Executive Committee of the National Economic Council (Ecnec) sent back the Expansion of Teletalk’s Network up to Rural Areas and Network Readiness for the 5G Services project – without approving it. The prime minister gave a directive for a fresh assessment on the project.
According to the project proposal, Teletalk’s 4G internet services will be expanded to rural areas.
As part of it, the existing complexities of Teletalk’s network will be solved and its capacity and platform will be upgraded. The project is expected to be completed by 2023.
When asked about downsizing the project cost, Targhibul Islam, deputy general manager (admin) at Teletalk, told that spending has been reduced in some areas of the new proposal. “Spending on installation of base transceiver stations (BTS) towers has been minimised by cutting the number to 500 in the new proposal from 1,500 fixed in the first proposal,” he said.
Currently, Teletalk has 7,300 base transceiver stations, which is 26.78% of the required stations.
So, emphasising the importance of sharing network towers of other operators, an instruction was given to revise the project proposal, moving away from the installation of new towers. Additionally, Teletalk had been asked to revise the project – after a third party scrutinises its profits, losses, liabilities, and balance sheets – and submit it again before the Ecnec meeting.
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