In several mobile telecommunication services, e.g., satellite operators, 3G/4G mobile services providers and telecommunications value-added services (TVAS) providers, foreign investors are required to invest foreign currency directly according to their percentage of ownership and are not allowed to take any loan from any Bangladeshi Schedule Bank/ Financial Institution / Leasing Company. 
"22. TRANSFER, ASSIGNMENT AND PLEDGE OF LICENSE AS SECURITY
22.01 This License and any right accrued hereunder shall not be transferred without the permission of the Commission, wholly or partly, and as such transfer, if any shall be void. 
22.02 Satellite Operator's license will be issued to all, irrespective of Bangladeshi (resident citizens, non-resident Bangladeshi (NRB), proprietorships, partnerships-under the Partnership Act, 1932 and companies registered under 'Joint Stock Companies and firms under the Companies Act I994) or Foreign entities (citizens, companies or subsidiaries or holding companies). Foreign Partnership or Joint Venture is also permiffed.
 In case of foreign investment, the entity shall invest foreign currency directly according to its percentage of ownership and shall not be allowed to take any loan from any Bangladeshi Schedule Bank/ Financial Institution / Leasing Company. After fulfilment of rollout obligation, if loan is required for operational purpose/business expansion, the entity can take maximum 20% of its total loan from any Bangladeshi Schedule Banl</ Financial Institution / Leasing Company. In that case, the entity shall take prior permission from the Commission. The existing licensee having loan more than 20%o of its total loan from any Bangladeshi Schedule Bank/ Financial Institution / Leasing Company shall reduce their loan to 20% within 05 years from the date of amendment of this Guideline. By any means this License shall not be assigned or pledged as security when taking loans. The foreign entity shall comply with all the rules, regulations and instructions of Bangladesh Bank, Bangladesh Investment Development Authority (BIDA) and any other competent authority of Bangladesh. [...]" (REGULATORY AND LICENSING GUIDELINES FOR SATELLITE OPERATOR IN BANGLADESH, No.: 14.32.0000.7 02.51.001.19.2102, 3 January 2022)
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"5. Eligibility:
(i) Proprietorship, partnership and companies registered under 'Joint Stock of Companies and Firms'underthe Companies Act 1994 are eligible to apply for the License to establish, maintain and operate VSAT systems and network in Bangladesh. 
(ii) VSAT Operator's license will be issued to all, irrespective of Bangladeshi (resident citizens, non-resident Bangladeshi (NRB), proprietorships,  partnerships-under the Partnership Act, 1932 and companies registered under 'Joint Stock Companies and firms under the Companies Act 1994) or Foreign entities (citizens, companies or subsidiaries or holding companies). Foreign Partnership or Joint Venture is also permitted.
In case of foreign investment, the entity shall invest foreign currency directly according to its percentage of ownership and shall not be allowed to take any loan from any Bangladeshi Schedule BanV Financial Institution / Leasing Company. After fulfillment of rollout obligation, if loan is required for operational purpose/business expansion, the entity can take maximum 20o/o of its total loan from any Bangladeshi Schedule Bank/ Financial Institution / Leasing Company. In that case, the entity shall take prior permission from the Commission. The existing licensee having loan more than 20% of its total loan from any Bangladeshi Schedule Bank/ Financial Institution / Leasing Company shall reduce their loan to 20% within 05 years from the date of amendment of this Guideline. By any means this License shall not be assigned or pledged as security when taking loans. The foreign entity shall comply with all the rules, regulations and instructions of Bangladesh Bank, Bangladesh Investment Development Authority (BIDA) and any other competent authority of Bangladesh.
(iii) The existing VSAT providers, VSAT provider with HUB and new applicants excluding Cellular Mobile Phone Operators and BWA operators licensed from the Commission are eligible to apply to the Commission to obtain VSAT HUB OPERATOR AND VSAT USER LICENSE. [...]" (REGULATORY AND LICENSING GUIDELINES FOR VSAT HUB OPERATORAND VSAT USER, No. I 4.32.0000.702.5 1. 102.20.15, 11 January 2022)
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"Article 9: ELIGIBILITY
(1) The Joint Venture entities having Foreign Shareholding (constitution and companies/partnerships farms registered under ‘Joint Stock of Companies and Firms’ under the law(s) of Bangladesh) are eligible to apply for Telecommunication Value Added Services (TVAS) Registration Certificate. However, Bangladeshi entity may have NRB and/or foreign entity as partner. A partnership/consortium of NRB and/or foreign entity without Bangladeshi partner(s) is not eligible. In case of consortium, the entity shall have to form a company under the law(s) of Bangladesh before issuing the certificate. 
(2) In case of foreign entity applying together with Bangladeshi partner, foreign equity is limited to maximum 70% (seventy percent). In case of any reputed foreign partner the Commission may increase the foreign equity if required. The foreign partner shall invest in foreign currency directly equal to his percentage of ownership and no bank loan from any Bangladeshi Scheduled Bank/Financial institution/Leasing company shall be raised for the foreign part of the investment. 
(3) In case of NRB applying together with Bangladeshi partner, there is no limitation on the quantity of foreign equity. NRB shall invest directly in foreign currency and no bank loan from any Bangladeshi Scheduled Bank/Financial Institution/Leasing company shall be raised for his part of the investment.
(4) According to the license conditions of CMPO they are eligible for providing TVVAS. After issuing this guideline they will also be entitled as “CMPO-TVASP” and are allowed to provide Telecommunication Value Added Services within their own network only, following all terms & conditions mentioned in this guideline.
(5) Bangladeshi entities (consortium, partnerships and companies registered under ‘Joint Stock of Companies and Firms’ under the laws(s) of Bangladesh) or Any Bangladeshi entity holding valid trade license are eligible to apply for TVASP Registration Certificate. However, Bangladeshi entity may have NRB and/or foreign entity as partner. A partnership/consortium of NRB and/or foreign entity without Bangladeshi partner(s) is not eligible. [...]" (Regulatory Guidelines for Issuance of Registration Certificate for Providing Telecommunication Value Added Services (TVAS) In Bangladesh, 31 May 2018)
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"5. ELIGIBILITY [...]
5.04 For the development, operation and roll out of 4G/LTE for Cellular Mobile Phone Services, 100% of FDI (Foreign Direct Investment) or Foreign Partnership or Joint Venture or investment from NRB (Non-Resident Bangladeshi) is permitted. The foreign partner shall invest foreign currency directly equal to its percentage of ownership and no loan from any Bangladeshi Schedule Bank/Financial Institution/Leasing Company can be raised for the foreign part of the investment to pay License fee, spectrum acquisition fee and to purchase equipment (hardware and software) and services from abroad during the roll-out period. The rules, regulations and instructions of Bangladesh Bank, Board of Investment and any other competent authority of the Government shall be binding to the Licensee regarding the financial matters. [...]" (REGULATORY AND LICENSING GUIDELINES FOR INVITATION OF PROPOSALS/OFFERS FOR ISSUING LICENSE FOR ESTABLISHING, OPERATING AND MAINTAINING 4G/LTE CELLULAR MOBILE PHONE SERVICES IN BANGLADESH, 4 December 2017)
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"6. ELIGIBILITY [...]
6.01 [...] (vi) For the development, operation and roll out of 3G services, 100% of FDI (Foreign Direct Investment) or Foreign Partnership or Joint Venture or investment from NRB (Non-Resident Bangladeshi) is permitted. The foreign partner shall invest foreign currency directly equal to its percentage of ownership and no loan from any Bangladeshi Schedule Bank/Financial Institution/Leasing Company can be raised for the foreign part of the investment to pay License fee, spectrum acquisition fee and to purchase equipment (hardware and software) and services from abroad during the roll-out period. The rules, regulations and instructions of Bangladesh Bank, Board of Investment and any other competent authority of the Government shall be binding to the Licensee regarding the financial matters [...]" (Regualtory and Licensing Guidelines for 3G Cellular Mobile Phone Services, 14 February 2013)
REGULATORY AND LICENSING GUIDELINES FOR SATELLITE OPERATOR IN BANGLADESH, No.: 14.32.0000.7 02.51.001.19.2102, 3 January 2022
REGULATORY AND LICENSING GUIDELINES FOR c HUB OPERATORAND VSAT USER, No. I4.32.0000.702.51.102.20.15, 11 January 2022
Regulatory Guidelines for Issuance of Registration Certificate for Providing Telecommunication Value Added Services (TVAS) In Bangladesh, 31 May 2018
REGULATORY AND LICENSING GUIDELINES FOR INVITATION OF PROPOSALS/OFFERS FOR ISSUING LICENSE FOR ESTABLISHING, OPERATING AND MAINTAINING 4G/LTE CELLULAR MOBILE PHONE SERVICES IN BANGLADESH, 4 December 2017
Regualtory and Licensing Guidelines for 3G Cellular Mobile Phone Services, 14 February 2013
[<a href="https://btrc.portal.gov.bd/sites/default/files/files/btrc.portal.gov.bd/page/1c1ea1c0_f8ef_4cdf_9005_d8a34b9ca554/2022-02-27-04-34-76f033be83eee72e4eb25148fc47e780.pdf">Guideline</a>],[<a href="https://btrc.portal.gov.bd/sites/default/files/files/btrc.portal.gov.bd/page/1c1ea1c0_f8ef_4cdf_9005_d8a34b9ca554/2024-06-03-05-27-fe49f0daa42656b8761844f4153514f7.pdf">Guideline</a>],[<a href="http://btrc.portal.gov.bd/sites/default/files/files/btrc.portal.gov.bd/page/1c1ea1c0_f8ef_4cdf_9005_d8a34b9ca554/2022-11-02-06-57-68a10aca672e64da7ffc5b9f6fc01987.pdf">Guideline</a>],[<a href="https://btrc.portal.gov.bd/sites/default/files/files/btrc.portal.gov.bd/page/1c1ea1c0_f8ef_4cdf_9005_d8a34b9ca554/2022-02-27-08-55-0f83cc91583f2f93804a9f43d01f3d15.pdf">Guideline</a>],[<a href="https://btrc.portal.gov.bd/sites/default/files/files/btrc.portal.gov.bd/page/1c1ea1c0_f8ef_4cdf_9005_d8a34b9ca554/2022-05-09-05-32-6e2505345f9c37ace5868c4a9c197821.pdf">Guideline</a>]