GP and Robi Begin Paying Installments for New Spectrum

Industry: Telecom, Telecom & Mobile
Company: Grameenphone Limited (GP), Robi
Company Intelligence Tag: Business Insights

Grameenphone and Robi Axiata have begun paying for additional 20 MHz spectrum from the 2.6 GHz band, costing Tk1,160 crore each, payable in eight instalments over eight years. The first instalment of Tk145 crore was made on August 31. The new spectrum will enhance their LTE networks and is expected to be operational by July 1, 2025. The total spectrum for Grameenphone and Robi now stands at 127.4 MHz and 124 MHz, respectively .

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