Dhaka University (DU) authorities yesterday decided to cancel the 30-year partnership agreement between the Teacher-Student Centre (TSC) and Grameenphone (GP).
The university syndicate, the highest decision making body, took the decision following students' demand for cancelling the deal.
The authorities of TSC and GP signed the partnership agreement on June 16 for the beautification, modernisation and maintenance of TSC cafeteria and its surrounding areas.
DU Treasurer Prof Syed Abul Kalam Azad said, "Some objections have come from the students that the agreement with the multinational company is against the interest of the university and some conditions are unacceptable. So, the authorities have taken the decision to cancel the deal".
In the 30-year partnership agreement, a 10-year deal was included to enhance network strength on the campus.
After the signing of the agreement, leaders and activists of different student bodies, mainly the left-leaning student organisations, were staging demonstrations on the campus demanding its cancellation.
Earlier, the DU syndicate approved the decision of signing the agreement.