Docomo formalises Robi Axiata share transfer to Axiata

Wednesday 5 June 2013 | 09:38 CET | News
Robi Axiata and Japanese NTT Docomo have reached a formal decision to transfer shares in the Robi to Axiata, a week after the original announcement. A high official source from Robi confirmed that an agreement was signed on 29 May between the parties, Dhaka Tribune reported. Robi submitted a formal proposal on 02 June to the Bangladesh Telecommunication Regulatory Authority (BTRC) to shrink Docomo's share from 30 percent to 8 percent. The Robi CEO and managing director has already met BTRC chairman Sunil Kanti Bose and informed him of the matter verbally. A source said that it is only a

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Categories: Mobile & Wireless
Companies: Axiata / NTT DoCoMo / Robi Axiata
Countries: Bangladesh
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