Zong lines up USD1bn investment

30 Nov 2015

Chinese-backed cellco China Mobile Pakistan (CMPak) – which operates under the Zong brand – has unveiled plans to invest USD1 billion over the next two years on the expansion of its 3G and 4G networks. The Daily Times quotes CEO Niaz Malik as saying that the cellco has decided to accelerate its infrastructure development programme to improve service quality to consumers. The official, speaking at a conference last week, also urged the government to reduce taxes on 3G and 4G services, as such action would encourage investment and enable customers to use more data, ‘benefiting the masses and economy of the country.’

Pakistan, Zong (CMPak)