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  • Feb 18th, 2005
  • Comments Off on ‘Pakistan telecom sector ideal for investment’
Pakistan is an ideal country for investment with its telecom sector offering irresistible business opportunities for the potential investors anywhere in the world. Malaysia's leading telecom company Redtone Telecommunications Group Managing Director Wei Chaun Beng stated this in a statement a day after the company launched its operations in Pakistan. He said Redtone Pakistan had initially invested $5 million to set up necessary infrastructure in Pakistan.

"We have already established network connection points at 10 designated telecommunication regions in Pakistan and are expected to finish construction of all the 14 points by the middle of this year," he added.

He said the company was committed to offering a top-quality service to its subscribers in Pakistan. "When it comes to service and quality, we are number one in Malaysia and are determined to replicate our successes in Pakistan as well," he added.

"There would be 35 percent saving on domestic calls and up to 50 percent savings on international calls made through Redtone," he added. He said the company's service will definitely become more affordable and accessible in a country where the tele-density penetration is only 9 percent out of a population of 150 million currently.-PR

Copyright Business Recorder, 2005


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