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After 15 years, BTCL has turned around as a profitable company
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Bangladesh Telecommunication Company Limited (BTCL) has overcome 15 years of continuous losses and turned around as a profitable company in the financial year 2021-22. In the financial year 2007-08, BTCL's losses were around Tk 350 crore. Before that it was about five hundred crore rupees. In the last financial year 2020-21, BTCL's loss was Tk 247 crore. After overcoming this continuous loss, the company made a profit of Tk 6 crore 72 lakh this year.


This information was conveyed to the Minister of Posts and Telecommunications, Mr. Mustafa Jabbar, after the annual general meeting held at the Telecommunications Building in Dhaka on Thursday. BTCL Board Chairman Post and Telecommunication Secretary Md. Khalilur Rahman and BTCL Managing Director Dr. Board members including Md. Rafiqul Matin were present.


Explaining the various reasons behind this achievement of BTCL, the minister said, we have successfully done everything possible to bring BTCL to a competitive place, starting from adoption of new technologies. He expressed strong hope that BTCL will soon be established as an exemplary example by making proper use of the vast immovable assets including the infrastructure of BTCL across the country. He expressed strong hope that all government institutions under the Department of Posts and Telecommunications, including the Department of Posts, will turn around like BTCL. He said that the work of government institutions is not only to do business but to serve the people. BTCL is both profit and service – this is unique.

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Publish Date
19/07/2023
Archieve Date
31/12/2023