Reader's Poll

Which of the following technologies/concepts are likely to witness significant traction this year?
Any data to show


Tele Data

Mobile Subscribers Yearwise comparision

Banglalink raises $102 million through corporate bond issue (Bangladesh)

April 15, 2010

Bangladesh-based oper ator Banglalink, which is controlled by Egypt's Orascom Telecom, has raised $102 million through the country's largest corporate bond issuance. The amount is significantly higher than the target of $60.5 million announced in December 2009. The transaction has broken the national record of $70 million recently set by mobile operator GrameenPhone.Banglalink plans to use the proceeds of its bond sale for network rollout, mainly in rural Bangladesh.



To post comments, kindly login

 Your cart is empty

Monday morning