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Located in Narayanganj's Siddhirganj, it is one of the 259 towers that Summit will set up for Banglalink, read a press release issued on Monday.
The Bangladesh Telecommunication Regulatory Commission (BTRC) gave the licenses for tower operation to four companies, allowing them to build mobile towers and share those with telecom operators in exchange for service fees.
BTRC Chairman Md Jahurul Haque said, "We are always interested in exploring the possibilities of new regulatory frameworks for enabling telecom operators to serve their customers better."
Banglalink's Chief Technology Officer Pierre Boutros Obeid said: "The activation of this mobile tower under the new towerco regime is a very important milestone for us, as it marks the beginning of a new expansion of our network that will allow more people to gain access to the fastest 4G network in the country as measured by Ookla."
Summit Communications Managing Director Md Arif Al Islam said: "We are proud of becoming the first tower company to start tower services, with an approved service level agreement, under the new towerco regime."