Telenor to Invest $ 500 mln; if 3G License Granted

Cellular News has reported while quoting CEO Telenor International that they have plans to invest further 2.5 500 Million dollars in Pakistan if they get 3G license from PTA.

We were having mixed feedback from cellular companies operating in Pakistan regarding 3G operating in Pakistan. Even Tore Johnson,  former CEO Telenor Pakistan, few months back showed his reservations about 3G network roll out in country before media men in Islamabad.

On other hands, PTA had been trying to encourage cellular companies in making their mood to participate for 3G license auction in Pakistan, probably going to happen latter this year.

This news is defiantly going to pat PTA’s back while other cellular companies in Pakistan may think hard to get out of this situation, keeping in mind that 3G rollout is going to ask for billions of investments.

Tech reporter with over 10 years of experience, founder of ProPakistani.PK