The board of directors of Aamra Technologies has decided to receive National Internet Exchange (NIX) License from Bangladesh Telecommunication Regulatory Commission (BTRC).
The National Internet Exchange licensees allow its holders to route domestic Internet traffic, according to a disclosure posted on the Dhaka stock Exchange (DSE) website on Thursday.
“The purpose of NIX is to facilitate local content development, encourage local web hosting and reduce latency in domestic traffic and thus saving international internet bandwidth and foreign currency,” said the disclosure.
NIX license shall allow Aamra Technologies to build its own NIX infrastructure and facilitate Internet service with higher efficiency and lower latency, giving ATL a vital competitive edge over its competitors, it said.
“Considering the rapidly growing Internet user-base of Bangladesh, many international content providers such (i.e. Netflix, Vimeo, What's App, Viber etc.) are expected to be connected with ATL’s NIX to reduce latency of their content inside Bangladesh, resulting in mutual commercial benefit of ATL and international content providers,” said the disclosure.
ATL expects to finish building its NIX infrastructure within 12 months and initial investment will be approximately Tk 10 million.
Each share of Aamra Technologies, which was listed on the Dhaka bourse in 2012, closed at Tk 30.80 on Wednesday at DSE.