The newly constituted Bangladesh Telecomm-unications Company Ltd (BTCL) has signed vendors' agreement with the government to take over the state-run telecommunications service.
Under the deal, all assets and liabilities of the now-defunct Bangladesh Telegraph and Telephone Board (BTTB) were handed over to the BTCL, said an official announcement yesterday.
Posts and Telecomm-unications Ministry Director (Wire) Shamsul Kibria signed the agreement on the government side, while BTCL Managing Director M Ashraful Aleem and Director Brig Gen Rafiqul Islam on behalf of the new company.
The BTTB made a fresh start following its rebirth as a public limited company titled 'Bangladesh Telecommunications Company Limited (BTCL)” yesterday, aiming to provide “better services to the customers”.
The transformation came in the wake of sweeping changes under the interim regime, as part of a longstanding reform recipe.