Ufone, HBL strike finance facility deal for Huawei network equipment

Monday 14 October 2019 | 07:03 CET | News
Pakistani operator Ufone has announced it has signed an agreement with Pakistani bank HBL. The deal with HBL extends a bilateral Trade Finance in Chinese Yuan (RMB/CNY) for the import of mobile network equipment through Huawei Technologies. According to Ufone, the deal is also expected to ease off the pressure of import bills in dollars for Pakistan.

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Categories: Mobile & Wireless
Companies: Huawei / Ufone
Countries: Pakistan
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