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Restructuring of the Bangladesh Telegraph and Telephone Board (BTTB) |
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The Government of Bangladesh, acting through the MOPT, has decided to corporatize and restructure the BTTB into a limited company as part of its strategy to restructure the telecommunications sector. The key objectives of the restructuring are to: (a) create a level playing field within the sector by separating the Government's policy function from operations; (b) empower BTTB to operate as a commercial enterprise with the necessary financial and administrative autonomy to compete with private operators in a dynamic multi-operator environment. Simultaneously, the Government will introduce competition in local and domestic long distance services by licensing private operators. Consortium will provide comprehensive assistance to the MOPT in: (a) developing strategic, reorganization, and business plans for BTTB; (b) identifying, valuing and allocating the assets/liabilities of the newly formed company; (c) evaluating, determining and preparing all necessary legal documents, agreements, performance contracts, licenses, ordinances, etc. required to effectively restructure the company into a limited company; (d) designing a comprehensive human resources plan; (f) preparing a cost-based tariff study and rebalance plan; and (g) supporting the project's public relations needs, at all times assuring transparency of the process and consistency with international best practice. |