DoCoMo Bids for Stake in AKTEL
According to The Daily Star in Bangladesh, DoCoMo has submitted a bid to buy the 30% of AKTEL, a stake previously valued at over $300million. Telecom Malaysia currently controls 70% of AKTEL which recently slipped to third position in the six-operator market with approx. 7.5 million customers as of March 31st. Grameenphone is the leader with about 18 million subscribers, while Orascom Telecom Bangladesh, which operates Banglalink, is second with 8 million out of a total market estimated at 39 million.