Dhaka, June 11 -- Global digital operator VEON is preparing for a sweeping expansion drive in Bangladesh that could reshape the country's telecommunications, digital infrastructure and financial services sectors, positioning the South Asian nation as one of the group's most important future growth markets.

The Dubai-headquartered company, which owns mobile operator Banglalink, has recently informed the government about its intention to undertake a new wave of investments spanning mobile connectivity, broadband infrastructure, satellite communications, digital banking and mobile financial services.

The move comes after VEON invested more than US$2.5 billion in Bangladesh over the past 21 years and contributed over US$4 billion to the nat...