| Bangladesh: Orascom to Pay Government US$ 17.9 million |
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| Thursday, 11 October 2007 | |
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Banglalink, the Bangladesh subsidiary of Orascom Telecom (OT), will pay US$ 17.9 million to the government of Bangladesh in compensation for revenues lost through the use of VoIP. Banglalink will pay the Government after an investigation by the regulatory authority revealed that some Banglalink customers had used the service for VoIP business. VoIP usage violates Bangladesh’s telecommunications regulations because VoIP calls deprive BTTB, the monopoly operator, of revenue. OT said that Banglalink was not aware of the VoIP activities and that the company would follow the regulator’s guidelines. Source: Reuters - WDR/Intelecon Regulatory News. |