Circle Network

What Circle Network does

Circle Network Limited is a Bangladesh-incorporated nationwide Internet Service Provider founded in 2013, operating under a BTRC (Bangladesh Telecommunication Regulatory Commission) license with coverage across 37 districts and 250 upazilas. The company's core offerings are Internet Connectivity, Data Connectivity (dedicated fiber or wireless links), Wide Area Network services, and Corporate IP-VPN delivered over a fiber optic ring backbone with STM1-level Points of Presence, QoS-enabled traffic prioritization, SNMP-based proactive monitoring with SMS alerts, and auto-redundancy routing. Supporting infrastructure includes local Google Global Cache (GGC) and Facebook servers for content acceleration and what the company claims is Bangladesh's largest FTP server with IP TV content.

The company monetizes primarily through recurring monthly subscriptions on BTRC-approved residential and enterprise tariff plans, supplemented by managed services revenue from IP-VPN, email hosting (with Microsoft Office 365 resale), CCTV and IP surveillance design/installation, and dedicated link contracts with business-class SLAs. Its go-to-market combines direct enterprise field sales (dedicated corporate sales contact, B2B account management) with consumer self-service channels including a website new-connection portal, an Android self-service app, and bill payment through bKash, Nagad, and Rocket mobile financial services. Field technicians provide last-mile installation and ongoing support nationwide.

Circle Network serves three primary segments: blue-chip Corporate/Enterprise customers (with named logos spanning garment manufacturing, banking, energy, education, government, and defense), Small and Medium Enterprises, and Residential/Consumer subscribers. The company reports more than 200 employees, claims to reinvest 40% of its budget in R&D, and states diversified holdings across ICT and Multi Business Lifestyle sectors in Bangladesh. Leadership comprises CEO Mahbub Alam Razu and COO Muhammad Istiak Ahmed; the company is privately held with no disclosed external institutional investors.

Name

Circle Network

Legal name

Circle Network Limited

Website

https://circlenetworkbd.net

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Circle Network is a Bangladesh-incorporated, BTRC-licensed nationwide ISP (founded 2013) delivering fiber-backed internet, dedicated data links, WAN, and corporate IP-VPN to enterprise, SME, and residential customers across 37 districts and 250 upazilas.

Ownership category

akta.pro rank

Product category

Internet Service Provider / Broadband Connectivity

NAICS

Wired Telecommunications Carriers (517111), Wired and Wireless Telecommunications Carriers (except Satellite) (51711), Wired and Wireless Telecommunications (except Satellite) (5171)

SIC

Telephone Communications (No Radiotelephone) (4813), Communications Services, Nec (4899), Computer Communications Equipment (3576)

akta.pro primary industry

Multi-Site Enterprise Connectivity Bundles (Hybrid WAN/MPLS+Internet) (HDAIAFAL)

akta.pro secondary industries

Enterprise LAN/WAN & SD-WAN Services (BPAEAEAD), Edge Networking & SD-WAN/uCPE for Edge Sites (HDABAOAE)

Keywords

• Internet service provider
• Broadband connectivity
• Corporate IP-VPN
• Fiber optic network
• Data connectivity services

Headquarters

HQ city

Baipail

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Internet Connectivity Services: Subscription-based internet access services with various service level descriptions for corporates and SMEs. Revenue generated from monthly/annual bandwidth subscriptions with SLA guarantees for premium internet experience, high availability and consistency.
2. Data Connectivity & WAN Solutions: Dedicated link services using fiber optic or wireless radios between POPs and customer LAN. Revenue from enterprise-grade dedicated connectivity with QoS, Layer-3 routing, and any-to-any secure connectivity.
3. Corporate IP-VPN Services: Managed IP-VPN services including VPN router provision at client premises, any-to-any secure connectivity over Intranet and Internet through IPsec VPN.
4. Email Hosting Service: Outsourced email solution with user/domain management, collaboration features, and security. Also offers Microsoft Office 365 value-added service.
5. CCTV & IP Surveillance: Security automation solutions including design, engineering, assembly, installation and maintenance of CCTV and IP surveillance systems.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Circle Network is a nationwide Internet Service Provider in Bangladesh delivering internet connectivity, dedicated data links, wide area network (WAN) services, and managed corporate IP-VPN solutions over its own fiber optic ring backbone. It complements core connectivity with value-added services including email hosting (with Microsoft Office 365 integration), CCTV and IP surveillance installation, and BTRC-approved residential and SME broadband packages, reaching 37 districts and 250 upazilas.

Product overview

Circle Network is a nationwide ISP in Bangladesh offering a portfolio of connectivity and value-added services. The core offerings include Internet Connectivity, Data Connectivity, WAN (Wide Area Network), and Corporate IP-VPN Services, which provide enterprise-grade connectivity solutions using fiber optic and wireless infrastructure. These core connectivity services are supplemented by Email Hosting (with Microsoft Office 365 integration), CCTV & IP Surveillance, and a Circle Network App for customer management. The company also provides Bill Payment services integrated with mobile financial services (bKash, Nagad, Rocket) and Internet Packages approved by BTRC. Circle Network operates with 37 districts and 250 upazilas in coverage, employs over 200 staff, and maintains infrastructure including GGC server, Facebook server, and Bangladesh's largest FTP server with IP TV content.

Differentiator

Problem solved

Functional benefit

Products and services

• Internet Connectivity Internet access services with various service level descriptions for corporates and SMEs that require a premium internet experience, high availability, and consistency, including direct peering with other LSPs and own ISP for fast response and high resilience.
• Data Connectivity Dedicated link services established using fiber optic or wireless radios between the state-of-the-art POPs and the customer's gateway/router, providing excellent quality, high capacity, low latency connectivity with QoS for separate Voice, Video and Data packet access.
• WAN (Wide Area Network) Communication solutions for organizations needing to exchange digital information between offices within and/or between cities, using fiber-optic links throughout the nation with radio connectivity for last-mile access.
• Corporate IP-VPN Services IP-VPN services providing any-to-any secure connectivity over Intranet and Internet through IPsec VPN, with managed or one-time integration of VPN router at client premises, and Layer-3 (Routed) connectivity.
• Email Hosting Service Outsourced email solution providing user and domain creation, customization, and email collaboration with reliable and secure communications, including Microsoft Office 365 as a value-added service.
• CCTV & IP Surveillance Security automation solutions including design, engineering, assembly and maintenance of CCTV and IP surveillance systems with dedicated professional installation and maintenance teams.
• Internet Packages (BTRC-approved) Various internet service packages with prices approved by BTRC (Bangladesh Telecommunication Regulatory Commission), including most popular packages for new connections.

Quantifiable outcome

• 37 Districts and 250 Upozila coverage area
• +3 more outcomes

Named customers22 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature7 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Link3 Technologies: One of the largest nationwide ISPs in Bangladesh, offering corporate and residential broadband, data connectivity, and IP-VPN. Directly competes with Circle Network in the same enterprise and SME segments across Bangladesh.
• BRACNet: Bangladesh-focused ISP providing enterprise connectivity, corporate internet, and managed network services. Competes head-to-head with Circle Network for blue-chip and SME customers.
• Aamra Technologies: Bangladesh ISP and IT services provider offering internet connectivity, hosting, and managed services to enterprises. Direct competitor in enterprise connectivity space.
• ICC Communications: Bangladesh nationwide ISP offering fiber broadband, data connectivity, and IP-VPN to enterprise and residential customers. Comparable business model and customer base to Circle Network.
• NovoTel: Bangladesh ISP providing corporate internet, data connectivity, and IP telephony. Operates in the same nationwide ISP market with overlapping product offerings.
• BBS Cables (Broadband Satellite): Bangladesh cable and broadband operator with nationwide footprint, providing internet, cable TV, and enterprise services. Comparable scale and product mix.
• Amber IT: Bangladesh ISP and IT infrastructure provider serving enterprise customers with connectivity, hosting, and managed services. Direct competitor in Dhaka and nationwide.

Broad incumbents

• Grameenphone: Largest mobile operator in Bangladesh offering mobile broadband and fixed wireless. While not a direct fixed-line ISP, it competes for the same end-customer broadband wallet and has broader scale and capital base.

Others

• BTRC (Bangladesh Telecommunication Regulatory Commission): Regulatory body that licenses and approves tariffs for Circle Network and all Bangladesh ISPs. Relevant as the governing entity shaping Circle Network's commercial framework.
• bKash: Bangladesh's largest mobile financial services platform integrated with Circle Network for bill payment. Ecosystem partner rather than competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/circle-network-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Circle Network