Dhaka, Bangladesh (BBN) – Grameenphone and Warid Telecom International Limited signed a agreement on telecom infrastructure sharing recently and a celebration program was arranged on November 4 in Dhaka.

Sharing infrastructure in compliance with Guidelines issued by Bangladesh Telecom Regulatory Authority (BTRC) will enable both Grameenphone and Warid to optimize their resource utilization and minimize cost of network deployment as well as of operations and maintenance.

It will also help design sustainable and diversified business models for better and more efficient services to the subscribers.

Warid Telecom is a now joint venture between Bharti Airtel Limited, a leading integrated telecom services provider with operations in 19 countries across Asia and Africa, and UAE-based Abu Dhabi Group. Bharti Airtel Limited, a group company of Bharti Enterprises, acquired 70 percent stake in Warid in January 2010.

BBN/SSR/AD-07Nov10-10:46 am (BST)