Banglalink Settles Tk160,000 Insurance Claim for B2B Customer

Industry: Insurance, Telecom, Telecom & Mobile
Company: Banglalink, Guardian Life Insurance Ltd.
Company Intelligence Tag: Business Insights

Banglalink, a leading digital service provider in Bangladesh, settled its first insurance claim in the telecom industry for a B2B customer. The claim, amounting to Tk160,000, was made by the widow of a deceased customer who had a Tk251 bundle. This bundle offered 200 minutes, 4GB data, 2GB Toffee, and insurance coverage. The insurance package covers Tk160,000 for accidental death and Tk60,000 for natural death. Additionally, the bundle includes hospitalization coverage and discounts at GLIL partners. Banglalink’s initiative aims to promote insurance awareness and ensure financial security. Guardian Life Insurance Limited (GLIL) expressed satisfaction with the collaboration. Officials from Banglalink presented the cheque in Chattogram. The B2B bundles with integrated insurance provide ease and exclusive coverage for clients. This initiative signifies a proactive approach to financial protection and convenience for B2B consumers in Bangladesh.

Source for more details:

Related News

BTRC Slashes Broadband Prices by Up to 20% Nationwide

May 25, 2025

The Bangladesh Telecommunication Regulatory Commission (BTRC) has reduced broadband prices by Tk 100, lowering monthly fees for 5 Mbps, 10 Mbps, and 20 Mbps packages to Tk 400, Tk 700, and Tk 1,100 respectively.

Draft Telecom Policy Introduces NICSP ICSP ANSP

May 15, 2025

The BTRC's draft telecom policy proposes consolidating over 20 licence types into three—NICSP, ICSP, and ANSP—aiming to simplify regulations and attract foreign investment. However, experts warn it may entrench monopolies, as it permits up to 100% foreign ownership in ANSP, 70% in NICSP, and 49% in ICSP without limiting cross-ownership, enabling dominant players like Axiata, Telenor, and Veon to hold stakes across all categories.

BTRC Told To Block AL Online Platforms

May 15, 2025

The National Cyber Security Agency (NCSA) has directed the Bangladesh Telecommunication Regulatory Commission (BTRC) to block all websites and social media handles linked to the Awami League and its affiliated bodies, citing the Cyber Security Ordinance, 2025.

High Taxes Threaten Bangladesh Telecom Sustainability

May 15, 2025

Bangladesh's telecom sector, contributing just 1% to GDP but 5% to total tax revenue, faces unsustainable fiscal pressure due to high taxation and complex regulations. Average Revenue Per User (ARPU) has fallen 56% over a decade to $1.3—among the world’s lowest—while mobile users bear a 39% total tax burden, including 18% VAT, 20% supplementary duty, and 1% surcharge.

BTRC’s Telecom Licensing Overhaul for FY 2025

April 26, 2025

The BTRC’s draft Telecommunication Network & Licensing Regime Reform Policy 2025 aims to streamline Bangladesh’s telecom licensing by consolidating over 20 licence types into three main categories: National Infrastructure & Connectivity Service Provider (NICSP), International Connectivity Service Provider (ICSP), and Access Network Service Provider (ANSP).

Government Pushes Telcos to Reduce Internet Prices

April 23, 2025

Bangladesh’s interim government expects mobile network operators (MNOs) to soon reduce mobile internet prices following significant wholesale price cuts across the internet value chain. According to Faiz Ahmad Taiyeb, the chief adviser's special assistant, the government has already lowered costs at the International Terrestrial Cable, International Internet Gateway, and National Telecommunication Transmission Network levels.

Related News

BTRC Slashes Broadband Prices by Up to 20% Nationwide

May 25, 2025

The Bangladesh Telecommunication Regulatory Commission (BTRC) has reduced broadband prices by Tk 100, lowering monthly fees for 5 Mbps, 10 Mbps, and 20 Mbps packages to Tk 400, Tk 700, and Tk 1,100 respectively.

Draft Telecom Policy Introduces NICSP ICSP ANSP

May 15, 2025

The BTRC's draft telecom policy proposes consolidating over 20 licence types into three—NICSP, ICSP, and ANSP—aiming to simplify regulations and attract foreign investment. However, experts warn it may entrench monopolies, as it permits up to 100% foreign ownership in ANSP, 70% in NICSP, and 49% in ICSP without limiting cross-ownership, enabling dominant players like Axiata, Telenor, and Veon to hold stakes across all categories.

BTRC Told To Block AL Online Platforms

May 15, 2025

The National Cyber Security Agency (NCSA) has directed the Bangladesh Telecommunication Regulatory Commission (BTRC) to block all websites and social media handles linked to the Awami League and its affiliated bodies, citing the Cyber Security Ordinance, 2025.

High Taxes Threaten Bangladesh Telecom Sustainability

May 15, 2025

Bangladesh's telecom sector, contributing just 1% to GDP but 5% to total tax revenue, faces unsustainable fiscal pressure due to high taxation and complex regulations. Average Revenue Per User (ARPU) has fallen 56% over a decade to $1.3—among the world’s lowest—while mobile users bear a 39% total tax burden, including 18% VAT, 20% supplementary duty, and 1% surcharge.

BTRC’s Telecom Licensing Overhaul for FY 2025

April 26, 2025

The BTRC’s draft Telecommunication Network & Licensing Regime Reform Policy 2025 aims to streamline Bangladesh’s telecom licensing by consolidating over 20 licence types into three main categories: National Infrastructure & Connectivity Service Provider (NICSP), International Connectivity Service Provider (ICSP), and Access Network Service Provider (ANSP).

Government Pushes Telcos to Reduce Internet Prices

April 23, 2025

Bangladesh’s interim government expects mobile network operators (MNOs) to soon reduce mobile internet prices following significant wholesale price cuts across the internet value chain. According to Faiz Ahmad Taiyeb, the chief adviser's special assistant, the government has already lowered costs at the International Terrestrial Cable, International Internet Gateway, and National Telecommunication Transmission Network levels.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here