China Mobile has pumped $700 million into Pakistan's telecom sector after taking over the operations of the private cellular phone company, Paktel, in Pakistan. We have come to Pakistan with serious business plans to ensure that Paktel emerges as one of the leading telecom operators in the country within the next couple of years, said Chief Executive Officer (CEO) China Mobile Pakistan Guo Yonghong in a meeting with Minister for Information Technology Awais Leghari. The CEO briefed the Minister about his company's plans for infrastructure development and investment in the expansion of Paktel, which has recently been taken over by the China Mobile. He said his company believed in a healthy competition and quality of service being offered to the subscribers and added the company had already made plans to add around 2500 new basic transmission stations every year to achieve maximum coverage and make itself competitive in the market. Guo Yonghong told the Minister that China Mobile considered Pakistan a valuable partner and the company would work towards strengthening this relationship further in the coming days. He lauded the support and incentives offered by the government to the telecom players already active in the market. Leghari welcomed China Mobile's decision to come to Pakistan in a big way and assured all possible support and help to the company in extending its operations and its day-to-day interaction with the civic agencies for the purpose of building company's infrastructure in the country. He said Pakistan's telecom sector was growing at a fast pace with new exciting opportunities coming up for big players like China Mobile to capitalize on a growing hunger for value-added telecom services in the country. As the market grows, issues such as quality of service and the provision of value-added services are bound to define the nature of competition that is set to sweep the telecom sector with the arrival of world s biggest telecom company China Mobile in Pakistan, Leghari said
