SingTel buys 45% of Pacific Bangladesh Telecom
Singtel has bought a 45% stake for $118 million in Pacific Bangladesh Telecom, the third-largest cellular operator in Bangladesh. Bangladesh has a 3.9 percent mobile penetration rate with 5.4 million mobile phone users in a population of 140 million.
Facing a mature and tiny home market, SingTel has spent S$17 billion ($10 billion) in recent years [...]


