GS Group and Beximco Group, a leading Bangladeshi industrial conglomerate, will create a joint venture to launch Bangladesh’s first DTH company for TV viewers in the country. The newly formed joint venture – Beximco Communications Limited – will come with integrating technological support from GS Group.
The commercial launch of the DTH platform is scheduled by the end of 2014 and it aims to net 300,000 subscribers during 2015. The company plans to rope in additional 400,000 subscribers annually. The joint venture will concentrate its activity on the mass segment by offering its customers TV packages with local as well as leading international channels.
“Presently, Bangladesh does not have any legal DTH operator. The viewer’s only choice is between a few cable operators and a terrestrial television channel,” said Salman F. Rahman, Vice Chairman of Beximco Group. He said signals of Indian DTH operators are broadcast illegally without providing Bangladeshi audiences any local TV programs. “Nevertheless, the demand for a local DTH service is high and Beximco Communications Limited hopes to attract a significant number of subscribers in the country having a population of over 160 million,” Rahman added.
Sergei Dolgopolsky, Foreign Projects Director within GS Group, said the ‘head-end’ and the ‘up-link’ are to be installed in 2014, paving way for the first DTH broadcasting services in Bangladesh. “Our network will cover the entire territory of Bangladesh,” - he added.
Additional information
BEXIMCO Group is the largest private sector group in Bangladesh operating in industry sectors that account for nearly 75% of Bangladesh’s GDP. Operations and investments are done across a wide range of industries including textiles, trading, marine food, real estate development, hospitality, construction, information and communication technologies, media, ceramics, aviation, pharmaceuticals, financial services and energy. BEXIMCO is the largest employer in the private sector in Bangladesh and employs over 48,000 people worldwide.
- GS Group and Beximco announce launch of first DTH company for Bangladeshi TV viewers
GS Group and Beximco announce launch of first DTH company for Bangladeshi TV viewers
19.05.2014