Monday 26 January 2009

Grameenphone to pay fine of BDT 2500 million

Grameenphone to pay fine of BDT 2500 million
Grameenphone Ltd. has agreed to pay an administrative fine of BDT 2500 million to Bangladesh Telecommunications Regulatory Commission (BTRC) for providing E1 connectivity to third parties, enabling the use of Voice Over Internet Protocol (VOIP) technology which is unlawful and illegal.

“We deeply regret that such unlawful practices were carried out and not disclosed earlier by Grameenphone,” said Anders Jensen, CEO of Grameenphone. “We have cooperated with BTRC in the investigations and the Grameenphone Board also mandated an investigation by an external auditor to look into all aspects of our operations to ensure that we fully comply with all laws and regulations.”

The allegations mention
ed in the BTRC case dates back prior to February 2007. International call termination to Bangladesh is a licensed service and only the Government-owned landline operator was authorized to generate and terminate international VOIP calls.

No comments:

Post a Comment