BTRC had earlier made the decision in its regular commission meeting held on Sunday.
“We will send a notice to Grameenphone in this regard within a day or two,” said BTRC spokesperson Sarwar Alam while talking to the Dhaka Tribune
On condition of anonymity, another official of BTRC said: “Grameephone can reduce the fine by appealing against it.”
In a statement, Grameenphone Head of External Communications Sayed Talat Kamal, however, said: “As we are yet to receive any such official communication from the regulator, we are not in a position to make any comment in this connection.”
He also said Go Broadband service was deployed with the necessary permissions from the relevant authorities and with the required partnership structures.
On February 29, Internet Service Provider Association of Bangladesh (ISPAB) filed a complaint with BTRC stating that Go Broadband was offering optical fibre connection, violating the Wi-Max policy guidelines of the regulatory body.
Go Broadband is a coordinated Wi-MAX service provider by Agni Systems Limited and ADN Telecom Limited in partnership with Grameenphone Ltd. They are supposed to provide Wi-Max services only.
Later, BTRC asked Go Broadband, a Wi-MAX service provider, to submit its all business documents by April 13.
BTRC’s Engineering and Operations Department issued the directive to the Go Broadband asking for all agreement signing papers and the number of branches the firm was providing the services.
The complaint also said the firm signed an agreement with the state-owned Sonali Bank to provide optical fibre connection breaching the guidelines.
ISPAB said such practices by a firm were resulting in “enormous losses” for other firms in the business and affecting fair environment of service providing.
ISPAB had requested the BTRC to investigate into the alleged violations and take necessary steps to maintain fair competition among all the Internet service providers.