China Mobile to invest $200 million in Pakistan

TechnologyChina Mobile to invest $200 million in Pakistan

ISLAMABAD, Pakistan: China Mobile Communications Corporation (CMCC), the world’s largest telecom carrier by subscribers, will invest US$200 million in Pakistan this year to expand its presence, `China Daily’ reported.

The Beijing-based company will expand its Pakistani network by adding 3G and 4G sites, taking the overall tally to more than 10,000 sites by the end of 2017.

China Mobile’s Pakistan branch, also known as Zong, has pumped US$2.1 billion into the country. As of 2016, it had about 6,000 4G sites. “We intend to expand 4G coverage, not only to urban but also rural areas via additional investment and network expansion,” the company said.

China Mobile started its operations in Pakistan in April 2008. At the end of last year, Zong’s 4G subscribers had reached 2 million.

Xiang Ligang, a telecoms expert and CEO of the telecom industry website, said Pakistan is one of the overseas markets where China Mobile has obtained 3G and 4G licenses, the daily added.

“China Mobile’s investment in Pakistan has a strong symbolic meaning. It is a testing field for Chinese telecoms carriers’ overseas expansion, where they can accumulate experience,” Xiang added.

Fu Liang, an independent telecoms expert, said “Pakistan is a promising market. It has a big population and local consumers’ desire better telecom services. Pakistan has more than 140 million mobile subscribers.”

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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