Dhaka, Sep 30 (UNB)- Robi and Airtel- both the brands of Robi Axiata Ltd, were ready to offer Mobile Number Portability Service (MNP) in Bangladesh from Monday, as stipulated by the government.
MNP would allow the customers to switch to different operators without changing their existing mobile numbers.
Robi’s Vice President of Media, Communications and Sustainability, Ekram Kabir said “We have completed all preparation to offer the MNP service. We are confident that the customers from other operators will find the largest 4.5G network, the much expanded coverage of 3.5G service through use of U900 spectrum to be the ideal recipe for enjoying the best quality video and data service.”
As soon as customers switch to Robi, the customers will enjoy the country’s best call rate- 50 paisa per minute to any operator’s number, round the clock. Customers will also get six months validity on purchasing any voice bundle pack.
Once a customer successfully switches to Robi, he/ she can visit the MNP portal by dialing *5000# from where they will be able to purchase any product or service bundle.
Customers of other operators can also dial 018866112233 or 01644112233 to enquire about the MNP process for switching to Robi or Airtel.
In order to switch to Robi or Airtel from other operators, the customers need to visit Robi or Airtel’s customer care centres or any biometric registration points with their NID information. The customers will need to place their requests from any of these points.
Within one hour of placing the request, the customer will be provided confirmation on whether he/ she can avail the MNP service.
Once the customer qualifies to avail the MNP service, he/ she will be provided with a new Robi or Airtel SIM.
Dhaka, Sept 30 (UNB) – The much-awaited mobile number portability (MNP) service will be launched in the country on Monday on a trial basis.
The service will roll out at zero hour, said Md Jahirul Haque, acting chairman of Bangladesh Telecommunication Regulatory Commission (BTRC).
The telecom regulator will also arrange a press briefing at its office in the morning.
The MNP service allows a subscriber to change telecom carrier keeping the same phone number.
The service will be launched officially later following feedback from customers on the test run, Posts, Telecommunications and Information Technology Minister Mustafa Jabbar said on earlier on Wednesday.
The BTRC has fixed Tk 50 for availing the service at the customer level.
The operator will be changed 72 hours after applying for the MNP and a customer will have to wait for 90 days if he/she wants to change the operator again.
San Francisco, Sep 30 (AP/UNB) — Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company.
The settlement with the Securities and Exchange Commission allows Musk to remain CEO of the electric car company but requires him to relinquish his role as chairman for at least three years.
Tesla must hire an independent chairman to oversee the company, something that should please a number of shareholders who have criticized Tesla's board for being too beholden to Musk.
The deal was announced Saturday, just two days after SEC filed its case seeking to oust Musk as CEO.
Musk, who has an estimated $20 billion fortune, and Tesla, a company that ended June with $2.2 billion in cash, each are paying $20 million to resolve the case, which stemmed from a tweet Musk sent on Aug. 7 indicating he had the financing in place to take Tesla private at a price of $420 per share.
"A reckless tweet cost a lot of money — the $20-million tweet," said Michelle Krebs, executive analyst at Autotrader.
The deal could remove one cloud that hangs over Tesla. Investors fretted about the company's ability to cope without Musk, a charismatic entrepreneur whose penchant for coming up with revolutionary ideas has drawn comparisons to one of Silicon Valley's most revered visionaries, Apple co-founder Steve Jobs.
Tesla's stock plummeted 14 percent Friday after the SEC filed its lawsuit, erasing more than $7 billion in shareholder wealth. Many analysts predicted the shares were bound to fall even further if Musk had been forced to step down. Tesla's stock has dropped 30 percent since Aug. 7, closing Friday at $264.77.
The steep downturn in Tesla's market value may have influenced Musk to have an apparent change of heart and negotiate a settlement. Musk had rejected a similar settlement offer before the SEC sued Thursday, maintaining he had done nothing wrong when he posted a tweet declaring that he had secured the financing to lead a buyout of Tesla.
The SEC alleged Musk wasn't close to locking up the estimated $25 billion to $50 billion needed to pull off the buyout.
Musk and Tesla reached their settlement without admitting to or denying the SEC's allegations.
The resolution "is in the best interests of our markets and our investors, including the shareholders of Tesla," SEC Chairman Jay Clayton said in a statement.
A Tesla spokeswoman said the company and Musk had no comment Saturday.
Besides paying a fine and stripping Musk of his chairman's title, Tesla also must appoint two more directors who have no ties to the company or its management. Musk will be allowed to remain on the board.
The company also must clamp down on Musk's communications with investors, a requirement that might make its colorful CEO's Twitter posts slightly less interesting.
"Considering the drastic punishment the SEC had announced, Musk and Tesla got lucky," said Krebs, the Autotrader analyst. "Musk at least remains at the helm of the company, and adding a couple of board members is a good thing."
The SEC also got what it wanted by bringing the combative Musk down a notch and taking steps to tone down his off-the-cuff remarks while forcing Tesla to expand its board to counterbalance its CEO's power, said Carl Tobias, a law professor at the University of Richmond. Besides being CEO, Musk owns a roughly 20 percent stake in Tesla.
"Maybe this will make Musk stop acting so crazy and fly right," Tobias said.
Besides tweeting about a deal that the SEC alleged he didn't have money to pay for, Musk had been engaging in other erratic behavior that had been raising questions about whether he should remain CEO.
Musk had raised hackles by ridiculing stock market analysts for posing fairly standard questions about Tesla's shaky finances, and calling a diver who helped rescue 12 boys on a Thai soccer team from a flooded cave a pedophile, triggering a defamation lawsuit. He was also recently caught on a widely circulated video apparently smoking marijuana , a legal drug in Tesla's home state of California.
The erratic behavior has convinced more analysts that Tesla needs to find a replacement for Musk, but the SEC settlement will allow the company to do so on its own timetable, if it decides to hire a new leader.
Tesla is also under mounting pressure to overcome its past manufacturing problems and produce enough vehicles to become consistently profitable after years of huge losses.
A gauge of the company's progress should come within the next few days when Tesla is expected to release its vehicle production numbers for the July-September period.
Musk has pledged Tesla would manufacture an average of 7,000 vehicles per week, enough to turn a profit.
Tesla needs to turn the financial corner because it has $1.3 billion in debt coming due during the next six months. If it keeps burning through its cash, Tesla will likely have to raise more money to pay its bills — something that analysts say will be easier to do without any lingering doubt who will be running the company.
San Francisco, Sept 29 (AP/UNB) — Google CEO Sundar Pichai went to Washington Friday to discuss concerns about the company's business practices with members of Congress and emerged with an invitation to meet with President Donald Trump during an upcoming roundtable.
Larry Kudlow, the head of the National Economic Council, extended the invitation while meeting with Pichai and the offer was accepted, according to the White House.
Other "internet stakeholders" will be invited to the same roundtable with Trump, the White House said, with other details, including the date, still to come.
Google didn't immediately respond to requests for comment.
Trump has recently accused Google of rigging the results of its influential search engine to suppress conservative viewpoints and highlight coverage from media that he says distribute "fake news." Google has denied any political bias.
The White House said Kudlow discussed the internet and the economy with Pichai on Friday, and described the talks as "positive and productive."
Pichai made the rounds in Washington just a few weeks after he and his boss, Google co-founder Larry Page, irked lawmakers by skipping a public hearing.
There was plenty to talk about, based on recent remarks by both lawmakers and Trump.
That includes recent reports that Google is poised to re-enter China with a search engine generating censored results to comply with the demands of that country's Communist government. Also potential new regulations that would define how much personal information that internet companies can collect about people using their services.
Both Trump and some U.S. lawmakers have been raising the possibility of asking government regulators to investigate whether Google has abused its power to thwart competition through its dominant search engine and other widely used services, which include Gmail, YouTube, the Chrome web browser and its Android software that runs most of the world's smartphones.
Pichai's meeting with about two dozen Republican lawmakers was held in the Capitol office of House Majority Leader Kevin McCarthy, who represents a district in Google's home state of California.
"We held a very productive meeting with Google CEO Sundar Pichai to discuss concerns regarding Google's business practices," said Bob Goodlatte, a Republican from Virginia. He said Pichai will be invited to attend a public hearing that the House Judiciary Committee plans to hold in November, after the midterm elections.
Before the meeting with Republican lawmakers, Pichai also indicated he planned to meet with Democrats.
"These meetings will continue Google's long history of engaging with Congress, including testifying seven times to Congress this year," he said.
Google and its corporate parent, Alphabet, also may have been trying to mend some political fences after Pichai and Page — now Alphabet's CEO — snubbed Congress a few weeks ago. Neither of them appeared at a high-profile hearing looking into what Twitter, Facebook and Google have been doing to prevent Russia and other foreign governments from using their services to sow discord among U.S. voters in an attempt to sway elections.
Twitter CEO Jack Dorsey testified at the hearing, as did Facebook's No. 2 executive, Sheryl Sandberg, but Google was only willing to send its general counsel. That didn't satisfy lawmakers, who left a vacant chair that they hoped either Pichai or Page would occupy. The no-show prompted Sen. Marco Rubio, R-Fla., to call Google "arrogant."
Dhaka, Sep 27 (UNB)- After securing market leadership in 4.5G network with 7,300 sites all over the country, Robi has now significantly improved its 3.5G indoor coverage, speed and accessibility, said a press release on Thursday.
This has been made possible as Robi has ensured around 50% boost in both coverage and capacity by upgrading significant portion of its 3.5G base with triple carrier.
Robi is the only operator in the country that has upgraded 4,300 3.5G sites up to triple carrier from conventional two carrier technology in first phase, claimed the press release.
Following the path of its continuous improvement initiative, the largest 4.5G network provider in the country (7,300 4.5G sites in 538 out of 544 thanas) is using 900 MHz spectrum for both 4.5G and 3.5G which is much stronger and more effective for data coverage.
In this phase, the triple carrier 3.5G sites are available in Dhaka, Chattogram, Cumilla, Noakhali and Tangail. Robi has upgraded 1,450 sites in Dhaka Metro and surrounding areas, 1,460 sites in Chattogram Metro and surrounding areas; 650 sites in Noakhali, 640 sites in Cumilla and 100 sites in Tangail to triple carrier.
Commenting on this, Robi’s Chief Technology Officer, Medhat El Husseiny said: “It proves our commitment for not only the widest 4.5G network, but also for the best 3.5G network. Robi is the only operator in the country using 900 MHz spectrum for both 4.5G and 3.5G which is the most effective use of spectrum for data coverage.”
The triple carrier 3.5G sites will raise the population coverage of our 3.5G service in Dhaka, Chattogram, Noakhali, Cumilla and Tangail to more than 90%. Alongside the increased 3.5G coverage, the triple carrier 3.5G sites will greatly enhance our customers’ experience be in urban or rural area, the press release added.