Power Grid Company of Bangladesh (PGCB) has leased out its 3,600 km optical fibre cable to Bangladesh Telecommunication Company Limited (BTCL) for the next 10 years.
The two state-owned entities entered into a deal in this regard on Monday in the city.
The BTCL officials said the state-owned telecom company will use the PGCB’s optical fibre cable as an alternative network for emergency purpose. PGCB company secretary Md Ashraf Hossain and BTCL company secretary Asaduzzaman signed the bilateral deal on behalf of their respective firms.
Both the state-owned firms have their own optical fibre network. PGCB’s optical fibre cable network is a byproduct which remained paired with its national power grid transmission lines. The PGCB uses the optical fibre cable for its own telecommunication purpose as well as for protecting the transmission network from thunderbolts.
As per the deal, the BTCL will pay annually Tk 15.06 crore to the PGCB as rent, in return for which the telecom entity can use the entire optical fibre cable of 3,600 km in different areas across the country including Dhaka, Chittagong and Cox’s Bazaar as an alternative network.
The BTCL officials hope that the deal will bring a positive result for the company as its existing telecom network will be immensely benefited and it will help make all its digital communication systems including internet data and voice communication more stable.
The very first deal between the PGCB and BTCL was signed in 2008 under which the power transmission entity leased out its 409 km optical fibre cable to the telecom company.
After expiry of the deal, both the companies renewed their agreement extending both the tenure and network area by adding 3191 km to the previous 409 km network.
Top officials of both the companies, including PGCB managing director Masum Al Beruni, were present at the signing ceremony.