Operators in Bangladesh spent around BDT106.4 billion ($1.2 billion) to secure spectrum in the 2.3GHz and 2.6GHz bands as they seek to improve existing 4G services and prepare the way for 5G networks.
The Bangladesh Telecommunications Regulatory Commission (BRTC) auctioned ten 10MHz blocks in the 2.3GHz band and 12 10MHz blocks in the 2.6GHz band. Around 30MHz remained unsold.
Grameenphone and Robi Axiata each acquired the maximum amount of 60MHz in the 2.6GHz band. The Business Standard reported the operators both paid around BDT33.6 billion for the frequencies.
