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CDB, Robi MoU signed | ||||
| China Development Bank (CDB), Monday entered into a memorandum of understanding (MoU) with the Bangladesh telecom operator 'Robi' and the Chinese telecom technology supplier 'Huawei'. Under the MoU, CDB, the largest bank for international investment and financing in China-- has intended to provide US$100 million loan for Robi with the purpose of purchasing telecom equipments from Huawei. Robi, formerly known as Aktel, would utilize the technical support from Huawei to expand its telecom network and improve the mobile services, company source told the FE. Robi is the third largest mobile phone operator in Bangladesh in terms of revenue and subscribers. CDB chairman W U Xinxing, Head of Human Resource and Corporate Affairs of Robi Motiul Islam Nawshad and chief executive officer of Huawei Tony Zhang Hui signed the MoU on behalf of their respective organization. | ||||
Freelancer
Tuesday, June 15, 2010
CDB, Robi MoU signed
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