Tuesday, September 18, 2012

Teletalk goes public soon

The state-owned mobile phone operator Teletalk plans to raise Tk 6.0 billion(Tk 600 crore) from the capital market to increase its services and expand customer-base. "Preliminary work on raising capital through the capital market has already been completed," Telecommunications Minister Shahara Khatun told Parliament Monday. Share of the Teletalk will be offloaded within the shortest possible time after the SEC approval, she added.

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