Spectrum auction fetches $885m for govt

Three mobile phone operators – Grameenphone, Robi and Banglalink – yesterday bought 27.4 megahertz of spectrum for $885.35 million as they look to lessen the pressures on their overstretched network and improve services following the rise in subscribers. The Bangladesh Telecommu-nication Regulatory Commission (BTRC) arranged an auction for 7.4 megahertz of spectrum in 1800