BTCL or Bangladesh Telecommunications Company Limited is the largest telecommunications company in Bangladesh. The company was founded as the Bangladesh Telegraph & Telephone Board (BTTB) following Bangladesh's independence in 1971. On July 1, 2008 the BTTB became a public limited company and was renamed as BTCL. The Bangladesh government initially owned all BTCL shares, but stated it would sell the shares to the public the following year. The value of BTCL is estimated to be at ৳15,000 crore. BTCL has a total of 12,636 officials and staff.