Cellcos to invest USD3 billion in GSM

14 Nov 2005

According to the president of the GSM Association, Ricardo Tavares, mobile operators in Pakistan are expected to invest USD3 billion in GSM technology over the next three years. The country’s six cellcos – Paktel, Pakcom, U-Fone, Mobilink, Telenor and Warid Telecom – plan to have invested USD1.2 billion in 2005 alone, with the country’s total mobile customer base expected to grow to 19 million by the end of the year. Tavares went on to applaud the regulatory framework in the country and the government’s efforts to boost the telecoms sector.