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Citycell
Citycell (Pacific Bangladesh Telecom Limited) is the first mobile communications company of Bangladesh.
It is the only CDMA (Code division multiple access (CDMA) is a channel
access method used by various radio communication technologies.) network operator in the country.
Citycell is currently owned by Singtel (Singapore )with 45% stake and the rest 55% owned by Pacific Group (Canada) and Far East Telecom ().
History
1989
In 1989 Bangladesh Telecom Limited (BTL) was awarded a license to operate cellular, paging, and other wireless communication networks. Then in 1990 Hutchison Bangladesh Telecom Limited (HBTL) was incorporated in Bangladesh as a joint venture between BTL and Hutchison Telecommunications (Bangladesh) Limited. HBTL began commercial operation in Dhaka using the AMPS mobile technology in 1993 and became the 1st cellular operator in South Asia.
Later that year Pacific Motors
bought 50% of BTL.
1996
By 1996 HBTL was renamed as Pacific Bangladesh Telecom Limited (PBTL) and launched the brand name "Citycell Digital" to market its cellular products.
Ownership Structure
Citycell (Pacific Bangladesh Telecom Limited) has been converted into a Public Limited Company
with effect from 28 March, 2008 in compliance with the Notification No. SEC/CMRRCD/2006-159/
Admin-03/23 of Securities and Exchange Commission of Bangladesh.
Following lists the shareholders of the company:
• Pacific Motors Limited (Canada)
• Pacific Traders Limited (Canada)
• Pacific Industries Limited (Canada)
• Far East Telecom Limited
• SingTel Asia Pacific Investments Pte Ltd (Singapore)
• SingTel Consultancy Pte Ltd
• Singapore Telecom Paging Pte Ltd
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