Dhaka, Nov. 8 -- Local entrepreneurs have raised alarm over the interim government's draft telecom policy, warning that it could hand the sector almost entirely to foreign companies.

They say the plan risks sidelining thousands of domestic ISPs and mid-tier telecom operators while empowering the three major international players already in Bangladesh.

Several thousand local companies will lose their businesses, the entrepreneurs said on Saturday while attending a meeting aimed at exchanging views at a hotel in Dhaka, organised by the Telecom and Technology Reporters' Network, Bangladesh.

The meeting was attended by representatives from mid-tier telecom companies like NTTN, IGW, ICX, and Internet Service Providers (ISPs). Telecom analys...