Amsterdam and Dhaka, 20 May 2024: VEON Ltd. (NASDAQ:VEON, Euronext Amsterdam: VEON)), a global digital operator that provides converged connectivity and online services, announces that Banglalink, its digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with Robi, second largest mobile operator in the Bangladesh and a subsidiary of Axiata Group, to explore potential sharing and optimization of network resources, aiming to expand 4G coverage and enhance network performance.
Infrastructure sharing promotes an "asset-light" business model in line with VEON and Banglalink's strategy. It supports the customer experience and environmental sustainability goals of both Banglalink and Robi. A successful collaboration would bring wider 4G coverage and improved network quality for customers of both operators, reduce duplications and enable more efficient utilisation of resources, including energy.
"This collaboration represents a significant development for the future of digitalisation in Bangladesh. This first step to explore network sharing will allow Banglalink and Robi to generate efficiencies which will serve the customers of both operators and the country as a whole, in line with ...