Warid Telecom International to be renamed as Airtel Bangladesh

Airtel will revamp its operations in Bangladesh. Warid Telecom International to be relaunched as Airtel Bangladesh by and by. It will roll out 3G services in Bangladesh subsequently. Bharti Airtel penetrated Bangladesh in January 2010 when it acquired 70 per cent ownership in Warid Telecom International for $300 million from UAE-based Abu Dhabi Group.

Bharti Airtel has provided all papers to the statutory authorities in Bangladesh to rename Warid Telecom International to Airtel Bangladesh. The latest developments come at a time when Bangladesh with its 160 million population is expected to garner substantial revenues for Bharti Airtel's South Asia operations in the coming quarters. Telenor backed Grameen Phone, Orascom-owned Banglalink and Axiata are a few major mobile companies in Bangladesh.