Dhaka, Jan. 6 -- sector steeped in misdealing sending billions of fast bucks into pockets of a small group of politically and commercially favoured firms.

Such unholy practice happened in the fastest-growing knowledge economy as licensing decisions taken during the Awami League government between 2009 and 2024 favoured these cronies, leading to market concentration, regulatory distortions and potential losses of public revenue running into billions of taka, the findings show.

At the centre of the findings is Summit Communications Limited, which the white-paper authors describe as a prime example of how multiple licences across adjacent layers of the telecoms value chain were clustered among a "favoured few", undermining policy neutralit...