‘Tele-density in Pakistan one of the highest in region’

KARACHI: The CEO VimpelCom, parent company of Mobilink, Jean Yves Charlier has said that tele-density in Pakistan was one of the highest in the region, which makes the country one of the favourite destinations for foreign investors.

Charlier said this in a meeting with Prime Minister Nawaz Sharif at the PM House in Islamabad, said a statement on Monday. The meeting was also attended by IT Minister Anusha Rehman Khan and other senior government officials.

Terming the telecom industry of Pakistan promising and vibrant, Charlier appreciated the business friendly policies of the present government.

The prime minister said that international business community’s confidence to invest in Pakistan has been restored due to the incentives-based transparent policies of the government.

The PM said the government’s clear policies have especially revolutionised the telecom sector and successful launch of 3G and 4G in the recent past was a testimony to that. “We are encouraging the telecom companies to expand their outreach to far-flung areas of the country so that majority of the masses benefit from the technology,” added the Prime Minister.

He said that Pakistan offers an ideal environment for the telecom sector as the country has one of the largest cellular phone subscribers. Our government believes in open and transparent business policies so that both local and foreign investors were motivated to explore the business opportunities in Pakistan.