National Telecom Limited (NTC) was incorporated on June 8, 2004 for the purpose of implementing, owning and operating a fixed line network in Bangladesh. NTC was awarded a PSTN license by the Bangladesh Telecommunication Regulatory Commission (BTRC), and the Government of Bangladesh (GoB) to operate basic telephone services, data and broadband services in all over Bangladesh. The license was granted for a period of 20 years and is renewable prior to expiry. The authorised capital of NTC is Bangladesh Taka (BDT) 5 billion (approx US$ 73 million) divided into 50,000,000 ordinary shares of BDT 100 each. 1 US$ = 68.7 BD
National Telecom, received a national license on 23 September 2007 and is one of the six PSTN operators to operate PSTN service all over Bangladesh. The license was granted for a period of 15 years and is renewable prior to expiry and NTC had to surrender all previous (four Zone) licenses. NTC also received one spot of 450 MHz and one spot of 1900 MHz frequency from BTRC.
The authorised capital of NTC is BDT 5,000.00 million (USD 71.43 mil) divided into 50,000,000 ordinary shares of BDT 1,000 each. NTC has a paid up capital of BDT 600.00 million (USD 8.57 mil). The 2nd company TeleBa ICT Ltd. received nationwide DDCSP license and nationwide ISP license from BTRC. TeleBa has received 2.3 GHz frequency license to operate ISP and Data service. The authorized capital of TeleBa Ltd. is BDT 200.00 million (USD 2.86 million) divided into 20,000,000 ordinary shares of BDT 100 each. NTC has a paid up capital of BDT 600.00 million (USD 0.72 mil).
Read more about National Telecom Limited: Information, Corporate Management, Structure
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