Airtel launches 3G services in Bangladesh

Written By Unknown on Kamis, 07 November 2013 | 23.25

Nov 07, 2013, 08.31 PM IST

The telecom operator also introduced various packages for its customers, according to a release by Bharti Airtel. In September, Airtel -- India's largest private telecom operator -- announced that its Bangladesh arm had won 5 Mhz of 3G spectrum for USD 105 million in an auction.

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Airtel launches 3G services in Bangladesh

The telecom operator also introduced various packages for its customers, according to a release by Bharti Airtel. In September, Airtel -- India's largest private telecom operator -- announced that its Bangladesh arm had won 5 Mhz of 3G spectrum for USD 105 million in an auction.

Like this story, share it with millions of investors on M3

Airtel launches 3G services in Bangladesh

The telecom operator also introduced various packages for its customers, according to a release by Bharti Airtel. In September, Airtel -- India's largest private telecom operator -- announced that its Bangladesh arm had won 5 Mhz of 3G spectrum for USD 105 million in an auction.

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Telecom major Bharti Airtel today said its subsidiary in Bangladesh has launched third generation (3G) services. Airtel Bangladesh's 3G services will be available initially in Dhaka and Chittagong and will be extended to the whole country in a phased manner, the company said.

The telecom operator also introduced various packages for its customers, according to a release by Bharti Airtel. In September, Airtel -- India's largest private telecom operator -- announced that its Bangladesh arm had won 5 Mhz of 3G spectrum for USD 105 million in an auction.

Also read: FIPB to take up Vodafone's FDI proposal on Nov 13

"We are excited to offer innovative products and affordable prices of our 3G services with highest speed, innovative contents for all segments, which will mark a major milestone for Airtel in Bangladesh," Airtel Bangladesh CEO and Managing Director Chris Tobit said.

Customers can enjoy high speed mobile Internet, HD video streaming, file sharing and downloads over Airtel 3G with innovative, simple and affordable data packs. All Airtel packages are of minimum 1 MBps speed, he added.

Airtel said its customers can enjoy the 'pay as you go' data usage service at 2G rate. As a promotional offer, Airtel customers will receive 100 per cent bonus on each subscription of minimum 1 GB data pack purchase, it added.


Bharti Airtel stock price

On November 07, 2013, Bharti Airtel closed at Rs 348.25, down Rs 7.2, or 2.03 percent. The 52-week high of the share was Rs 373.50 and the 52-week low was Rs 266.95.


The company's trailing 12-month (TTM) EPS was at Rs 11.45 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 30.41. The latest book value of the company is Rs 135.70 per share. At current value, the price-to-book value of the company is 2.57.


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