BML 5.06 No Change ▼ 0.00 (0%)
BOP 13.05 Increased By ▲ 1.19 (10.03%)
CNERGY 7.14 Decreased By ▼ -0.05 (-0.7%)
CPHL 86.01 Decreased By ▼ -0.87 (-1%)
DCL 14.73 Decreased By ▼ -0.22 (-1.47%)
DGKC 168.55 Increased By ▲ 0.32 (0.19%)
FCCL 46.17 Decreased By ▼ -0.04 (-0.09%)
FFL 15.92 Decreased By ▼ -0.08 (-0.5%)
GCIL 27.16 Increased By ▲ 0.03 (0.11%)
HUBC 141.75 Increased By ▲ 0.75 (0.53%)
KEL 5.13 Increased By ▲ 0.03 (0.59%)
KOSM 6.95 Increased By ▲ 0.30 (4.51%)
LOTCHEM 20.85 Decreased By ▼ -0.31 (-1.47%)
MLCF 84.20 Decreased By ▼ -0.73 (-0.86%)
NBP 122.28 Increased By ▲ 2.42 (2.02%)
PAEL 42.25 Increased By ▲ 0.28 (0.67%)
PIAHCLA 22.08 Decreased By ▼ -1.15 (-4.95%)
PIBTL 9.02 Increased By ▲ 0.15 (1.69%)
POWER 14.20 Increased By ▲ 0.10 (0.71%)
PPL 169.50 Decreased By ▼ -1.42 (-0.83%)
PREMA 43.85 Decreased By ▼ -0.22 (-0.5%)
PRL 32.93 Decreased By ▼ -0.11 (-0.33%)
PTC 24.65 Decreased By ▼ -0.25 (-1%)
SNGP 119.21 Decreased By ▼ -0.13 (-0.11%)
SSGC 45.12 Decreased By ▼ -0.41 (-0.9%)
TELE 8.18 Decreased By ▼ -0.12 (-1.45%)
TPLP 10.38 Decreased By ▼ -0.30 (-2.81%)
TREET 24.24 Decreased By ▼ -0.14 (-0.57%)
TRG 58.70 Increased By ▲ 0.84 (1.45%)
WTL 1.56 Decreased By ▼ -0.02 (-1.27%)
BR100 13,570 Increased By 108.3 (0.8%)
BR30 39,660 Increased By 128.4 (0.32%)
KSE100 133,782 Increased By 1205.4 (0.91%)
KSE30 40,682 Increased By 323 (0.8%)

ISLAMABAD: The Sunwalk Group intended to invest $ 2 billion in the telecom sector for the deployment of an optical fiber network, encompassing an area of 100,000 km over a period of time in Pakistan.

A high-level delegation of the Sunwalk Group led by Chairman HOU called on Federal Minister for IT and Telecom Syed Aminul Haque, here on Tuesday.

The meeting discussed about investment in telecom infrastructure, optical fiber cable (OFC) and right of way (RoW).

The Sunwalk (Pvt) Ltd, is a telecom and technology-based multinational private Chinese enterprise that has developed multiple telecom, communication infrastructure projects in China and has acquired the TIP License in Pakistan.

The company already started deployment and invested about $ 5 million and has a plan to deploy 5,000 km OFC as the next step.

Minister IT and Telecom Syed Aminul Haque briefed the delegation that consultation with the Ministry of Railways and Highways Authority is ongoing regarding Right of Way to laying OFC. He assured all obstacles in this regard will be removed soon.

HOU said that they have a longstanding relationship with Pakistan and also providing services to different sectors.

The chairman Sunwalk Group expressed his gratitude to Federal Minister IT Syed Aminul Haque and his team for their full support and cooperation.

The meeting was attended by Member Telecom Muhammad Omar Malik, DG Wireless Jahanzeb Rahim while the Sunwalk delegation comprises; LOU Vice President of Sunwalk Group, Tony Li (Assistant to Chairman), Chen Dianbo (COO of Sunwalk Pakistan), and Afshaan Malik (CBO of Sunwalk Pakistan).

Copyright Business Recorder, 2023

Comments

Comments are closed.

Ahmad Mar 15, 2023 09:59am
Investment or....?
thumb_up Recommended (0)