Bangladeshi state-owned mobile operator Teletalk is in the process of finalising details of a US$200m loan from the Chinese government.
China Exim Bank will stump up the funds at a 2% interest rate with the loan being repayable over a 20-year period.
The…
Bangladeshi state-owned mobile operator Teletalk is in the process of finalising details of a US$200m loan from the Chinese government.
China Exim Bank will stump up the funds at a 2% interest rate with the loan being repayable over a 20-year period.
The proceeds will be used to develop 3G operations, for general corporate purposes and capex.
Bangladeshi Post and Telecommunication Secretary Sunil Kanti Bose and Teletalk MD Mujibur Rahman are currently in China as part of Prime Minister Sheikh Hasinaprime’s delegation to the country.
