March 22

China’s Telecom Giant Sunwalk Group To Invest USD 2 Billion In Pakistan’s Telecom Industry

By Vidit Baya

China’s Sunwalk Group plans to invest USD 2 billion in Pakistan’s cash-strapped telecom industry for the installation of an optical fibre network. Over a period of time, this optical fibre network will cover an area of 1,00,000 kilometers in Pakistan, the Business Recorder reported.

On Tuesday a high-level delegation from the Sunwalk Group, led by chairman HOU, met Pakistan’s Minister for Information Technology and Telecommunications, Syed Aminul Haque. Investment in telecom infrastructure, optical fibre cable (OFC), and right-of-way (RoW) were topics of discussion during the meeting.

Source: Republic Media Network (link opens in a new window)

Technology, Telecommunications