VEON’s Banglalink and Robi Axiata Partner to Explore Network Sharing for Expanded 4G Access in Bangladesh’
_Amsterdam and Dhaka, 20 May 2024_ ’ VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a prominent global digital operator, has announced a significant collaboration aimed at enhancing digital connectivity in Bangladesh. Banglalink, VEON’s digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with Robi Axiata, the second-largest mobile operator in Bangladesh and a subsidiary of Axiata Group.
The MoU details the intent of both companies to explore opportunities for sharing and optimizing their network resources. By working together, Banglalink and Robi Axiata aim to expand 4G coverage and improve the overall network performance across Bangladesh. This initiative underscores both companies’ commitment to leveraging technological cooperation to enhance the digital experience for millions of users in the country.
In recent years, demands for reliable and extensive 4G connectivity have surged in Bangladesh, driven by the increasing use of smartphones and digital services. The collaboration between Banglalink and Robi Axiata is expected to accelerate the availability of faster and more reliable internet services, which could have widespread benefits for both urban and rural areas.
Though details on specific plans and timelines have not yet been disclosed, both companies have expressed optimism about the potential benefits of the partnership for their customers and the broader telecommunications landscape in Bangladesh.
This partnership marks a strategic step towards addressing network deficits and ensuring that more people have access to high-quality mobile internet services. If successful, this cooperation could serve as a model for future network sharing initiatives in other developing markets.
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