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Chinese land in Bangladesh

Connectivity BusinessbyConnectivity Business
January 14, 2010
in News
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The People’s Republic of China will provide US$211m worth of loans to state-run Bangladeshi mobile operator Teletalk.
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…

The People’s Republic of China will provide US$211m worth of loans to state-run Bangladeshi mobile operator Teletalk.

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 and for general capex purposes.

Tags: Teletalk
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