Govt targets Tk 400bn revenue from 5G

Special Correspondent

14 July, 2020 12:00 AM printer

Govt targets Tk 400bn revenue from 5G

The government has a plan to earn maximum Tk 400 billion annually from telecom sector after introduction of 5G telephony service in the country.

“We are  now earning revenue between Tk 50 billion and Tk 100 billion annually, which will increase to Tk 200 billion to Tk 400 billion per year,” Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Jahurul Haque said Monday.

The BTRC chairman disclosed it during a virtual event on inauguration of the country’s first ever smart city solutions installation. 

The government had a plan to introduce 5G mobile telephone service from next year, but it may be delayed by another year due to corona pandemic.

edotco Bangladesh, an integrated telecommunications infrastructure services company in Bangladesh, installed smart street features in Dhaka North city in collaboration with the Dhaka North City Corporation (DNCC).

The integrated solution will provide free Wi-Fi services, security surveillance (optional), waste management system through smart bin, real time air quality monitoring as well as serve as a digital signage for community messages.

The deployment of the multipurpose smart lamp pole under the initiative will bring multiple players from the ecosystem together for the first time effort to provide uninterrupted connectivity to the citizens.

The new Smart City solution is the result of a recently signed Public Private Partnership (PPP) deal to develop smart city features on a pilot basis.

 DNCC Md Atiqul Islam inaugurated the initiative, where the BTRC chairman, eminent educationist Prof Dr. Muhammed Zafar Iqbal and country managing director of edotco Bangladesh Ricky Steyn also joined.

DNCC high officials, Robi Axiata managing director Mahtab Uddin Ahmed and representatives from [email protected] home and Sheba (ISP) and other telecom operators also joined.

Speaking at the ceremony Md Atiqul Islam Mayor of DNCC said: “I am committed to converting Dhaka into a smart city. We are excited to be able to deploy smart city solutions like these for the first time.”

He hoped that this will provide the city dwellers with a new and improved platform for social and civil services.

“If this pilot initiative succeeds, we intend to deploy the same similar smart solutions in around 200- 250 potential locations all over Dhaka north city by 2021,” he said. 

However, he expressed disappointment over the hanging wire of the internet service providers and NTTN’s.

“All the hanging wire will go into the underground as per the government beatification programme,” he said.  

Also speaking at the ceremony, Ricky Steyn, country managing director of edotco Bangladesh said, “edotco has played a key role in developing the telecommunications infrastructure in the country and we intend to continue partnering the nation towards achieving its digital Bangladesh vision.

“While we focus on ensuring continuous, stable and fast connectivity for all the citizens we are also committed to enabling the nation’s 5G readiness by introducing next generation solutions such as smart city solutions like these,” he added.

edotco Bangladesh currently owns and operates over 10,000 telecom towers throughout Bangladesh. The company has been investing and innovating since its inception to ensure sustainable and sharable infrastructure for seamless connectivity for all.