Bangladesh’s two mobile phone operators Robi Axiata Limited and Airtel Bangladesh Limited are in talks to merge. There have been rumors for some time that Bharti Airtel is thinking of winding down its business in Bangladesh. In the meantime, through a press release, the two companies informed about the talks to merge their business Done. News from bdnews24.com.
It said, “Axiata Group Barhad (Axiata) and Bharti Airtel Limited (Bharati) are jointly announcing that, after lengthy and well thought out negotiations, the two sides have come to the conclusion that Robi Axiata Limited (Robi) and Airtel Bangladesh Limited (Airtel) have started reviewing whether the business can be merged. ”
However, the issue is still under discussion and it is not clear what will happen in the end. “There is no guarantee that the review process to merge the two businesses will turn into a definitive agreement,” Robi was quoted as saying by bdnews24.com.
Robi Axiata Limited is a joint venture between Axiata Group Berhad, Malaysia and NTT DoCoMo Inc., Japan. Robi Axiata Formerly known as Telecom Malaysia International (Bangladesh). It started its journey in Bangladesh in 1996 as Actel brand. On March 26, 2010, the service became known as the ‘Robi’ brand, and the company became known as Robi Axiata Limited. And Airtel Bangladesh Limited The owner is Indian telecom giant Bharti Airtel, which bought Warid Telecom’s business in Bangladesh.
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