Its diluted earnings per share (EPS) stood at Tk 2.33 during the quarter

It will take at least 2 to 3 days to resume the connection

Once approved, this will forever strengthen India’s grip on monopolising regional international internet bandwidth.

Bangladesh Submarine Cable Company Ltd (BSCCL), the state-run bandwidth importer, is going to spend $3.2 million to upgrade the capacity of its first undersea cable by more than four times. 

With existing internet bandwidth likely to be exhausted next year, the government is in talks with a consortium for a third undersea cable connection.

The government has decided to connect Bangladesh with a third submarine cable to meet the demand for rapidly growing data

The shutting down of Bangladesh's first submarine cable for maintenance started affecting internet users yesterday with many getting intermittent and slow internet during peak hours.

People in Bangladesh are likely to experience slow internet in the next three to four days due to maintenance work on a primary submarine cable in the Bay of Bengal.

Wholesale prices of internet bandwidth will come down by up to 43 percent to discourage imports from India and also dispose of its huge amount of unused bandwidth from September 1.

IT surely is good news for Information and Communication Technology (ICT) services, as work on the second submarine cable is due to be completed in 2016.