Summit Towers Limited (STL) has signed an agreement with Teletalk Bangladesh under the tower sharing guideline of the government.
The signing took place at the head office of the mobile phone network operator in Bangladesh on Wednesday, Summit Communications Limited, the majority shareholder of STL, said in a press release on Sunday.
In presence of Summit Communications Chairman Muhammad Farid Khan, STL Managing Director and CEO Md Arif Al Islam and Teletalk Managing Director Md Shahab Uddin signed the agreement.
Teletalk has already been strengthening its network through Summit Communications Limited's fiber optic infrastructure for the last one decade.
STL has been constructing the telecom tower infrastructures for mobile network operators after receiving the license from Bangladesh Telecommunication Regulatory Commission (BTRC) in 2018.
Summit Group has been working towards infrastructure development of the country over the last four decades.
The Group is involved with telecom infrastructure development through expanding businesses in fiber-optic, gateway and tower management.
Summit Towers Limited (STL) operates as a subsidiary of Summit Communications Limited (SComm).