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Research and Markets: Opportunities for the Telecom Industry in Bangladesh

The People's Republic of Bangladesh is a small country with a geographical area of 55,598 square miles and population of approximately 164 million in November, 2010. The country has undergone substantial political instability due to which the economic development has suffered. However, the economy of the country is now developing with a steady GDP growth rate. It was estimated to be 5.83 per cent for the year 2010. In spite of the country's 40 per cent population being poor, the country has come a long way since its independence, with the per capita income being close to USD 700 in 2010.

The government of the country is determined to build Bangladesh as an economically much better country by 2021, due to which they have started the Digital Bangladesh project. This project is put into action to achieve economic independence for Bangladesh. It includes the development of the ICT sector of the country and its implementation in sectors such as education, health and job placements. Due to all these actions taken by the government of Bangladesh, the country has attracted a lot of international mobile players. The country realises the importance of development of the telecom industry and hence, is encouraging foreign mobile companies to operate in the country.

The country's telecom regulatory board, Bangladesh Telecommunication Regulatory Commission (BTRC), established under the Bangladesh Telecommunication Act is operational since 2002. The mobile penetration rate of the country is considerably low as compared to the neighbouring countries such as India; it was close to 39.6 per cent in November 20102. The fixed line and internet service penetration in the country is even lower as compared to the mobile penetration rate.

This report Opportunities of Telecom Industry in Bangladesh is a result of comprehensive research and provides an overview of the evolution of telecom in Bangladesh, the current telecom market of Bangladesh, comparison of the telecom industry with neighbouring countries and the challenges of the industry. This report also talks about the strategies and operational plan of leading mobile and fixed line operators in the country.

Companies Mentioned:

• Grameenphone
• Banglalink
• Airtel Bangladesh Ltd
• Citycell
• Bangladesh Telecommunications Company Limited
• Jalalabad Telecom Ltd
• Banglaphone Ltd

For more information visit http://www.researchandmarkets.com/research/e41fd3/opportunities_for

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