Edotco said on Monday its Bangladesh unit has signed a multi-year deal with Grameenphone to extend their existing infrastructure leasing agreement to support the telco’s 4G network expansion into underserved areas.
No details were given on the length of the agreement, the number of towers or financial details.
Edotco said its reinforced strategic partnership with Grameenphone would not only enable the telco to expand its network coverage to outlying areas, but also enhance digital connectivity across Bangladesh and support the country’s digital transformation and digital inclusion goals.
“This renewed partnership with Grameenphone enables us to continue building the infrastructure needed to support 4G network expansion, enabling digital access even in remote and underserved areas,” said Edotco Bangladesh’s country MD Sunil Issac in a statement. “By aligning our expertise with Grameenphone’s vision, we aim to bridge the digital divide and contribute to Bangladesh’s digital transformation.”
“Together [with Edotco], we aim to strengthen our network capabilities and provide enhanced digital experiences for our customers while contributing to Bangladesh’s progress toward becoming a digitally empowered nation,” said Grameenphone CEO Yasir Azman in a statement.
According to the Association of Mobile Operators of Bangladesh (AMTOB), Grameenphone had 84.8 million subscribers at the end of September, which works out to a market share of 43%.
AMTOB also says there are 124.8 mobile internet users in Bangladesh, or a little over 72% of the population. Grameenphone said in its Q3 2024 results that 49.3 million of its mobile customers (58.3%) are using internet services.
Edotco Bangladesh runs a portfolio of over 20,000 towers and managed sites in the country, according to its web site.
