National Telecom Limited

National Telecom Ltd.

Type	Private (Non-Government)
Industry	Telecommunication
Founded	Dhaka, Bangladesh
Founder(s)	Mr. Anisur Rahman Sinha
Headquarters	Mohakhali Tower (5th & 6th floor), 82 Mohakhali C/A, Dhaka-1212, Dhaka, Bangladesh
Services	PSTN Telecom
Website	http://www.nationalphone.net

National Telecom Limited (NTC) was incorporated on June 8, 2004 for the purpose of implementing, owning and operating a fixed line network in Bangladesh. NTC was awarded a PSTN license by the Bangladesh Telecommunication Regulatory Commission (BTRC), and the Government of Bangladesh (GoB) to operate basic telephone services, data and broadband services in all over Bangladesh. The license was granted for a period of 20 years and is renewable prior to expiry. The authorised capital of NTC is Bangladesh Taka (BDT) 5 billion (approx US$ 73 million) divided into 50,000,000 ordinary shares of BDT 100 each. 1 US$ = 68.7 BD

National Telecom, received a national license on 23 September 2007 and is one of the six PSTN operators to operate PSTN service all over Bangladesh. The license was granted for a period of 15 years and is renewable prior to expiry and NTC had to surrender all previous (four Zone) licenses. NTC also received one spot of 450 MHz and one spot of 1900 MHz frequency from BTRC.

The authorised capital of NTC is BDT 5,000.00 million (USD 71.43 mil) divided into 50,000,000 ordinary shares of BDT 1,000 each. NTC has a paid up capital of BDT 600.00 million (USD 8.57 mil). The 2nd company TeleBa ICT Ltd. received nationwide DDCSP license and nationwide ISP license from BTRC. TeleBa has received 2.3 GHz frequency license to operate ISP and Data service. The authorized capital of TeleBa Ltd. is BDT 200.00 million (USD 2.86 million) divided into 20,000,000 ordinary shares of BDT 100 each. NTC has a paid up capital of BDT 600.00 million (USD 0.72 mil).

Information

The proposed project envisages development of its Telecommunication Network and Internet Network to provide Voice, Data and Video on Demand Service with Microwave, Fiber Optic and Copper operating Route Networks for 2,256,500 phone subscribers, and 9,000 internet subscribers within next 5 years all over Bangladesh. Out of total project the phase-I was 40,000 cable access and 139,500 WLL subscribers, which is already implemented. 2nd Phase will be 1,038,500 subscribers and 3rd Phase will be 1,038,500 subscribers.

Corporate Management

The sponsors already formed two private limited companies (National TeleCom Ltd., and TeleBa ICT Ltd.) registered with the registrar of Joint Stock Company & Firms under the company’s act 1994. The authorized capital of NationalPhone is BDT 5000 million (equivalent USD 71.43 million). The paid up capital is BDT 600 million (equivalent USD 8.57 million). The authorized capital of TeleBa is BDT 200 million (equivalent USD 2.86 million). The paid up capital is BDT 50 million (equivalent USD 0.71 million).

Structure

The Company is a private limited company within the meaning of section 2(1) clause of the Companies Act, 1994. The following are the shares taken by each subscriber.

Shares:

Mr. Anisur Rahman Sinha - Chairman 55.0% Major (Retd.) Mohammed Jahangir - Managing Director 31.5% Mrs. Rebecca Jahangir - Shareholder 13.5%

Board of Directors of NTC:Shareholder Position Mr. Anisur Rahman Sinha Chairman Major (Retd.) Mohammad Jahangir Director

TeleBa ICT Ltd. The Company is a private limited company within the meaning of section 2(1) clause of the Companies Act, 1994. The following are the shares taken by each subscriber.

Name of the Subscribers Designation of the Subscribers % of shares taken by each subscriber Mr. Anisur Rahman Sinha Chairman 55.0% Major (Retd.) Mohammed Jahangir Managing Director 45.0%

Board of Directors of TeleBa Ltd. Shareholder Position Mr. Anisur Rahman Sinha Chairman Major (Retd.) Mohammad Jahangir Director