The following warnings occurred:
Warning [2] count(): Parameter must be an array or an object that implements Countable - Line: 802 - File: showthread.php PHP 7.4.29 (Linux)
File Line Function
/showthread.php 802 errorHandler->error





Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Upgrading network infrastructure: Mobilink to invest $258 million in 2010
04-29-2010, 10:18 AM
Post: #1
Upgrading network infrastructure: Mobilink to invest $258 million in 2010
ISLAMABAD: Mobilink will invest $258 million in its network infrastructure as part of its annual development plan in the remaining calendar year, Chief Executive Officer and President Rashid Khan told Daily Times on Wednesday.

The subsidiary of Orascom Telecom Holding (OTH) will spend millions on its operations and upcoming infrastructure deployment projects in various cities and villages of the country.

According to the top official, the major amount of investment will be used on quality of voice, data and value-added services particularly mobile-commerce and broadband projects.

Operating in one of the most competitive markets in the region requires improvement and value additions in terms of offers and services through investment, Khan said. “Mobilink has maintained an aggressive posture in the wake of an overall stressful environment, which has enabled us to increase subscribers and revenue while providing unmatched connectivity to our subscribers.”

Mobilink is the biggest cellular phone company having largest subscribers base of more than 31.3 million or 32 percent of the overall mobile phone users in the country by the end of February 2010 as per Pakistan Telecommunication Authority (PTA) statistics.

The company has established more than 8000 cellular sites across the country. It has also the largest network coverage area in more than 10, 148 different cities and villages by the end of December 2009, PTA’s recent quarterly report said.

Despite cutthroat competition and rising cost of operations, Mobilink had managed to earn decent revenue of Rs 103 billion in the last half of the current financial year 2009-10, which is 46 percent of the overall revenue of the cellular phone sector. With injecting cash into the capital, the overall investment of the Mobilink will cross $3.5 billion mark by end of 2010. Telecom analysts said the investment inflow will witness handsome growth in the upcoming financial years as the majority of the cellular phone companies have planned to inject their capital in network infrastructure development and for upgrading their quality of services. Earlier, Telenor and Zong had also announced their investment plans of about $380 million for the calendar year 2010. muhammad yasir
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Messages In This Thread
Upgrading network infrastructure: Mobilink to invest $258 million in 2010 - Lahore_Real_Estate - 04-29-2010 10:18 AM

Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  UAE Commits Over USD 3 Billion for Railways and Infrastructure Development in Pakista LRE-Azan 0 115 01-22-2024 07:02 PM
Last Post: LRE-Azan
  RDA Delegation Explores Digital Recordkeeping and Soft Infrastructure Plans in Discus LRE-Azan 0 120 01-20-2024 02:10 PM
Last Post: LRE-Azan
  Signal-Free Walton Road Project: Tackling 18-Kilometer Infrastructure and Drainage Is LRE-Azan 0 189 12-11-2023 04:06 PM
Last Post: LRE-Azan
  Infrastructure Enhancement Unleashes Growth: Six Highways Project Boosts Sialkot Indu LRE-Azan 0 172 11-22-2023 01:11 PM
Last Post: LRE-Azan
  LDA Major Infrastructure Projects in Lahore to Open to Traffic This Month LRE-Azan 0 210 11-08-2023 06:52 PM
Last Post: LRE-Azan
  When the right time's to invest in Pakistan property? LRE-Azan 0 4,031 09-15-2018 02:06 PM
Last Post: LRE-Azan
  NHA Work on 17 Road Infrastructure Projects is continuing in backward Areas LRE-Azan 0 4,531 01-17-2018 05:24 PM
Last Post: LRE-Azan
  Prime Minister orders uplift of infrastructure at Murree Salman 0 4,525 03-01-2014 01:23 PM
Last Post: Salman
  FDI: Movenpick to invest $30m in Pakistan Salman 0 3,995 02-10-2014 02:45 PM
Last Post: Salman
  Modern infrastructure essential for development: Shahbaz Salman 0 4,500 01-17-2014 05:29 PM
Last Post: Salman
  Turkish group to invest in infrastructure projects Salman 0 8,370 11-11-2013 12:31 PM
Last Post: Salman
  NHA for countrywide road network Salman 0 3,377 05-25-2013 03:41 PM
Last Post: Salman
  CDA decides to develop infrastructure in three sectors Salman 0 5,392 02-21-2013 03:21 PM
Last Post: Salman
  LDA demolishes infrastructure of three housing schemes near Ferozepur Road Salman 0 5,206 01-10-2013 01:28 PM
Last Post: Salman
  Chinese firms willing to invest in Pakistan Salman 0 4,711 12-07-2012 12:31 PM
Last Post: Salman
  Infrastructure development starts in G-14 Salman 0 4,193 09-24-2012 04:17 PM
Last Post: Salman
  LDA executes development projects to improve physical infrastructure Salman 0 4,862 09-17-2012 01:09 PM
Last Post: Salman
  Road network insufficient for Rapid Bus Transit System Salman 0 4,394 07-20-2012 03:48 PM
Last Post: Salman
  Infrastructure: Work on Multan Road might begin in July Salman 0 5,326 07-04-2012 02:41 PM
Last Post: Salman
  Punjab Devleopment News : Infrastructure: Rs33 billion allocated for roads Salman 0 3,772 06-11-2012 01:20 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)