Tele Barta Limited, a private nationwide PSTN operator having a subscriber base of 56000 in the whole country, started its operation in 2006. It has a countrywide network through PSTN Micro-wave Backbone and sophisticated PSTN Technology of world-renowned companies like Siemens and Motorola. Sunman Group, one of the largest conglomerates of the country, recently obtained Wi-Max license and having diversified investment in Textile, RMG, Beverage, Financial, Pharmaceuticals sectors both in the country & abroad, has taken over the project of Tele Barta Ltd. With this acquisition of Tele Barta by the Sunman Group, the company expects to grow at a faster pace than before to deliver fixed-line connection with value added services to the people of Bangladesh at a cheaper price.

A Signing Ceremony for taking over Tele Barta Ltd. was held on 22nd December 2008 at the Board Room of Dhaka Bank Ltd. 6 (six) Banks/NBFIs comprising the syndication lenders to Tele Barta under the Lead Arrangement of Dhaka Bank Ltd. took part in this Signing Ceremony. Mr. Tanweer Rahim, Deputy Managing Director of Dhaka Bank Ltd. conducted the signing ceremony while senior management of all the participating Banks, Sunman Group and the existing sponsors of Tele Barta Ltd. were present in the program.

Among others, Mr. Mohammad Abu Musa, Managing Director (Current Charge), Dhaka Bank Limited, Major (Retired) Abdul Mannan, Chairman, Sunman Group, Mr. Hossain Al Masum, Chairman, Tele Barta Limited, Mr. Faruq Moinuddin Ahmed, Deputy Managing Director, AB Bank Limited, Mr. MA Matin, Deputy Managing Director, Uttara Bank Limited, Mr. Dalilul Haque, Managing Director, Mr. Ali Mohammad Masud, Senior Vice President, Mr. Md. Shafiqur Rahman, Vice President, Peoples Leasing & Financial Services Limited were present on the occasion.