Bangladesh’s oldest mobile operator Citycell might be shutting down. Subscribers have been asked to switch to other mobile operators by August 16.

The company has dues of over Tk 477 crore – in default of spectrum fees, license, revenue and late fees, the telecom regulator has said in a notice today.

In the order floated by Bangladesh Telecommunication Regulatory Commission, subscribers have been asked to switch to other mobile operator by August 16.

The telecom regulator also added it will issue an executive order against the company “soon”.

Meanwhile, the Citycell authorities are yet to receive any order like this, its Chief Executive Officer (CEO) Mehboob Chowdhury told The Daily Star this evening.

Licensed in 1989, currently Citycell has approximately 7, 80,000 active subscribers.

It is one of the six mobile operators licensed to run in Bangladesh. The others are: Grameenphone, Robi, Airtel, Banglalink and the state-run Teletalk.