www.WirelessFederation.com/news: USD211 million in loans will be provided to Bangladeshi state-run mobile operator Teletalk , by the China’s government to develop its future 3G network.  Soft loan at an interest rate of 2% will be provided by China Exim Bank in the next two years with a repayment time of around 20 years.

In return, all the equipment for the 3G expansion by Teletalk would have to be imported from Chinese vendors, and CMEC would have the authority to select the suppliers.

Recently, Teletalk received a proposal from Vietnam’s Viettel for an investment of USD250 million, however, no further developments have yet been announced.