As we discussed last year in this post, Zong has confirmed its plans to continue investing and expanding in Pakistan. As background to this, see the total number of sites by companies at 2008 end (source: PTA).
The daily times report (with some obvious errors corrected - it was full of mistakes) states:
China Mobile Pakistan has planned to maximise the coverage capacity of its cellular phone operator-Zong-by increasing its number of cellular sites up to 9,000 across the country with an investment of $500 million by the end of 2009.
According to Pakistan Telecommunication Authority (PTA), the country had overall 26,300 cellular sites by the end of 2008. Five operators have added 8,966 networking sites in the first half of the current fiscal year 2008-09.
The Chinese company has invested $1.66 billion so far in Pakistan, including $600 million invested in the closing fiscal year 2008-09, which is a handsome contribution to foreign direct investment (FDI) in telecommunication and IT industry.
According to the officials, the company will invest more to increase its number of services and sale centres across the country that would also generate more number of job opportunities.
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