Wateen to invest USD 75 mln in Pakistan fibre optic backbone

News Broadband Pakistan 27 SEP 2005
Wateen to invest USD 75 mln in Pakistan fibre optic backbone
Wateen Telecom launched a USD 75 million project to lay a fibre optic backbone across Pakistan. The first segment of the project of 800 kilometres would stretch from Karachi to Rahimyar Khan and would be further linked with the rest of the country up to Peshawar through 63 cities. At the launching cerenomy Farrukh Hayat Khan, regional general manager of Al Warid Telecom, Wateen's UAE-based parent told the press that the fibre optic network will spanning the length and width of Pakistan measuring about 5,000 kilometres. He said in the next phase the company had planned a USD 200 million project to lay a comprehensive telecom infrastructure across the country.

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