VEON Ltd., a global digital operator that provides converged connectivity and online services, announces that Banglalink, its digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with Robi, the second largest mobile operator in Bangladesh and a subsidiary of Axiata Group, to explore potential sharing and optimization of network resources, aiming to expand 4G coverage and enhance network performance.
Infrastructure sharing promotes an “asset-light” business model in line with VEON and Banglalink’s strategy. It supports the customer experience and environmental sustainability goals of both Banglalink and Robi. A successful collaboration would bring wider 4G coverage and improved network quality for customers of both operators, reduce duplications and enable more efficient utilization of resources, including energy.
future of digitalization
“This collaboration represents a significant development for the future of digitalization in Bangladesh. This first step to exploring network sharing will allow Banglalink and Robi to generate efficiencies that will serve the customers of both operators and the country as a whole, in line with Smart Bangladesh Vision 2041."
"We look forward to unlocking the potential that this collaboration entails; and would like to commend the Government of Bangladesh for promoting an investment landscape that promotes growth, sustainability, and efficiency in our industry by supporting collaboration and commitment to innovation,” said Kaan Terzioglu, CEO of VEON.
Asset-light approach
The collaboration with Robi Axiata is the latest among a number of steps that Banglalink has taken to expand its 4G services with an asset-light approach. The operator has previously signed an MoU for network sharing with Teletalk, the fourth largest operator in Bangladesh.
Earlier this year, it completed the sale of part of its tower's portfolio to Summit Towers Limited, a subsidiary of Summit Communications, the largest telecommunications infrastructure company in the country. Banglalink has also taken other steps in prioritizing the efficient use of its resources, recently becoming the first operator in the country to phase out 3G.