What is the difference between the three network carriers and  if i am to use iPhone 5 in Bangladesh, which network carrier should i choose?

I had one confusion about the network carrier of which one to chose. Actually I do not know the difference between them. Are they related to some sort of sim cards? I would be grateful if anyone could help me to get away this confusion.

Unless we are in Bangladesh, nobody here can really help you with this.  If you purchased the phone there, you need to do that research for yourself.  You are the one who is there and on the spot so noone else can really help you with that.
You need to contact the available carriers in your area and see what the differences are for yourself.
The phone companies supply you with the appropriate sim cards when you take out a contract with them.
Also, where did you purchase the phone from in the first place and is it an unlocked phone?  If the phone is not unlocked, then it won't work.

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