KT wins Bangladeshi contract

KT, Korea’s largest fixed-wire telecommunications company, will begin setting up a communications network system in Bangladesh. The company said yesterday that it had signed a contract with the Bangladesh Telegraph & Telephone Board, a state-run communications provider, in a 33.3 billion won ($283.4 million) project to wire up the Bangladesh capital city of Dhaka. Bangladesh Telegraph & Telephone Board, or BTTB, currently provides basic telecommunication services and some value-added services such as dial-up Internet and Telex. The project is being pursued by the Bangladesh government to establish a modern telephone circuit network of 12,500 by next year. The contract covers involves provision of equipment, design of the network and actual construction in three districts, Chittagong, Khulna, and Sylhet. “This contract marks our entry into the Southwest Asian market,” said a KT official by Wohn Dong-hee, Yoon Chang-hee