Dhaka, May 21 -- The Bangladesh Telecommunication Regulatory Commission (BTRC) has proposed a substantial reduction in taxes on new SIM (Subscriber Identity Module) issuance, as high costs are slowing subscriber growth and the expansion of the telecom sector.

It has also called for the complete withdrawal of taxes on replacement SIMs and Internet of Things (IoT)/Machine-to-Machine (M2M) SIMs in an internal communication sent to the Ministry of Posts, Telecommunications and Information Technology.

The proposals were outlined in a memo issued recently by the BTRC's Systems and Services Division and addressed to the secretary of the Posts and Telecommunications Division.

The recommendations were made following a high-level meeting last mo...