Bangladesh sells mobile phone spectrum for $204 million

Bangladesh has sold mobile phone spectrum to three of the country's mobile phone operators for a total of 14 billion taka ($204 million) to help expand their network, the telecoms regulatory authority said.
The three companies - Grameenphone, Egyptian Orascom Telecom's Banglalink and Aktel, controlled by Telekom Malaysia - bought 7.5, 5 and 5 megahertz frequency respectively, at the rate of 800 million taka per MHz, the Bangladesh Telecommunication Regulatory Commission said.