If completed, the deal would give the Indian carrier a majority stake in Bangladesh's fourth-largest mobile operator. At the end of November 2009, Warid had 2.9 million customers, giving it a market share of 5.8 percent. The market leader is Grameenphone , with 22.8 million subscribers (45.1 percent market share).
In associated news, Bangladesh is planning to auction 3G licenses before the end of this year, reports AFP.
Hutchison Telecom had 9.9 million mobile customers in Indonesia, Sri Lanka, and Vietnam, at the end of September 2009, the majority (7.3 million) of which are in Indonesia. It also operates in Thailand, but is looking to sell that operation, in the same way it divested its Israeli business in August 2009. The operator generated revenues of HK$6.4 billion (US$825 million), and recorded a net loss of HK$285 million (US$37 million), during the first half of 2009. (See Hutchison Offloads Partner.)
The Chinese government is urging the country's three major operators to speed up the rollout of their 3G networks, and to do more to promote the homegrown 3G standard, TD-SCDMA, according to official news agency Xinhua. (See China Pumps $15B Into 3G.)