Banglalink Delays IPO Amid Market Uncertainty, Optimistic for 2024
Banglalink, Bangladesh’s third-largest mobile operator, is postponing its IPO launch due to current market conditions, including political uncertainties and underperformance of telecom stocks. The company, optimistic about a 2024 IPO, has also explored partnerships with digital banks and recently initiated a national roaming field trial with Teletalk. Challenges include non-implementation of SMP restrictions and unfeasible regulations for SIM-locked handsets.