Mobilink to spend USD258m in remainder of 2010

29 Apr 2010

Pakistani mobile network operator Mobilink has revealed plans to invest USD258 million in its network infrastructure by the end of 2010 as part of its annual development plan, the Daily Times reports, citing comments by CEO Rashid Khan. According to the executive the bulk of the funds will be spent on quality of voice, data and value added services (VAS), particularly mobile commerce and broadband projects.

Commenting on the current status of the operator, Khan also 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.’ According to TeleGeography’s GlobalComms Database, at the end of March 2010 the cellco remained the largest mobile operator by subscribers in Pakistan, with a customer base of 30.8 million, giving it 31.5% of the sector. Additionally, data from the Pakistan Telecommunications Authority (PTA) for the year ended 31 December 2009 noted that Mobilink had established more than 8,000 cellular sites nationwide, giving it the widest coverage area of the country’s cellcos of some 10,148 cities and villages.

Pakistan, Jazz