Companies / Pakistan
Ufone Builds on Pakistan Growth Market
September 2006 | Contract NewsBMI continues to admire the growth in Pakistan's mobile market, fuelled by the heightened levels of competition. The latest operator to commit to network expansion, following the recent examples of Telenor and Warid Telecom, is PTCL-owned Ufone. Pakistan's second largest operator has awarded Huawei Technologies a US$550mn contract to expand its network, a project that within 18 months should double the operator's customer base from about 8.5mn. Growing by an average of two million new subscribers per month, this contract reveals Ufone's possibly late realisation, that it needs to be more aggressive on its road to expansion. This is particularly
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