Friday, October 14, 2005 - Bangladesh Telecom

Process to make BTTB public limited co almost final

All the preparations to turn the Bangladesh Telegraph and Telephone Board (BTTB) into a public limited company have been completed and a draft memorandum of articles is likely to be placed before the cabinet in the current month.

The officials of the ministry concerned and the telephone board said this at a parliamentary standing committee meeting on the ministry of telecommunications on Wednesday.

The officials told the committee that all the preparations in this regard were almost complete and the authorities had prepared the rough draft of the memorandum to be placed before the cabinet later this month, said meeting sources.

The committee members earlier charged the ministry for its failure in completing the procedure even 10 months after the government had made the decision on turning the board into a public limited company in January.

The committee members also asked the ministry to complete the process within the shortest possible time, said the sources.

The committee discussed the ongoing movement of the employees' union protesting against the government decision and assured that no employee would be fired after the telephone board is made a public limited company.

The committee members said all the activities of the telephone board would continue as usual and the promotion procedure of the employees would also remain unchanged.

Presided at by the committee chairman, GM Fazlul Haque, members Kazi Golam Morshed, Abul Hossain Khan, Ali Kader, Farid Uddin Chowdhury and Abdul Hai were present.

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