Mobile operator Mobilink has reduced the cost of outgoing calls for its prepaid Jazz customers from PAK4.75 per minute to PAK3.5. The new rates are available for calls to other Mobilink phones, as well as calls to another mobile network or to landlines. The operator has also reduced the rate of sending an SMS, from PAK2 to PAK1. Egypt’s Orascom Telecom, which owns an 89% stake in Mobilink, has revealed plans to triple its investment in Pakistan to USD12 billion, in a bid to expand the capacity of its network to cope with an expected surge in subscribers.
Meanwhile, the total foreign direct investment (FDI) in Pakistan’s telecoms market has reached USD1 billion for the last eight months since July, securing the second largest amount of FDI behind the oil and gas sector.