Rule to curb monopoly may hurt GP

Grameenphone’s indomitable crusade for more market share is likely to be ground to a halt as the government is set to activate a regulation that will clip monopolistic tendencies.

Called the Significant Market Power (SMP), the regulation imposes restrictions on an operator once it corners 40 percent of the subscribers, revenues and spectrum.

As of September, Grameenphone has 45.83 percent market share, while its revenue share in fiscal 2017-18 was 51.77 percent, according to the telecom regulator.

The operator has been maintaining the same market share for the last few years now.

The regulation, which has been in the works since 2011, has already been approved by the government and will be issued by this week, said Md Jahurul Haque, acting chairman of the Bangladesh Telecommunication Regulatory Commission.

Navojit Dastidar