PTCL Signs Fiber Leasing Agreement For 3rd Consecutive Year With Telenor
Fahad Shabbir (@FahadShabbir) Published February 20, 2018 | 06:37 PM
Pakistan Telecommunications Company Limited (PTCL) and Telenor Pakistan (TP) have signed fiber leasing agreement third time consecutively under which PTCL will deliver fiber footprint to Telenor Pakistan.
ISLAMABAD, (UrduPoint / Pakistan Point News - 20th Feb, 2018 ) :Pakistan Telecommunications Company Limited (PTCL) and Telenor Pakistan (TP) have signed fiber leasing agreement third time consecutively under which ptcl will deliver fiber footprint to Telenor Pakistan.
according to a press staetment issued here, prior to this agreement, PTCL and Telenor have successfully signed and executed two back to back fiber leasing agreement in 2016 and 2017. This initiative will ensure delivery of quality telecommunication services for the Pakistani market.
This arrangement will enable Telenor Pakistan to utilize PTCL's extensive nationwide fiber optic footprint and its expertise in deploying, operating and maintaining a fiber optic network. Dr. Daniel Ritz, President & CEO, PTCL and Irfan Wahab Khan, CEO, Telenor Pakistan, signed the agreement at a ceremony held at Telenor Campus, with top management of both the companies in presence.
Dr. Daniel Ritz, President & CEO, PTCL on the occasion said that PTCL signed yet another Fiber Leasing Agreement with Telenor Pakistan for the 3rd consecutive year. PTCL has served as a backbone in the telecom industry by providing multiple services; thus, contributing to the overall growth of telecommunication sector nationwide.
Telenor Pakistan's partnership with PTCL will help them in expanding their 3G/4G network, which will enable end customers to have connectivity across Pakistan." "As we are on the fast-track to materializing our digitization goals in Pakistan, our partnership for fiber backhaul and infrastructure sharing with PTCL will supplement our efforts to digitally include more people and provide them access to Telenor Pakistan's best-in-class data services," said Irfan Wahab Khan, CEO Telenor Pakistan.
He said that Telenor intended to significantly strengthen our data network footprint nationwide, and we are pleased to be working with PTCL as our strategic partner for the third consecutive year.
PTCL's extensive infrastructure outreach has helped us reach out to the under-served areas in Pakistan and extend the benefits of communication technology to the masses. To further our mission of empowering the Pakistani society, he added. This agreement between the two leading market players will go a long way in envisioning a connected and prosperous Pakistan.
Recent Stories
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
U.S. envoy calls on Foreign Minister Ishaq Dar
Poland arrests man over suspected plan to kill Zelensky
EU wants to ease youth movement to and from UK
Police foils attempt of supply mainpuri raw material
More Stories From Business
-
Pakistan's total liquid foreign reserves reach $ 13.37 billion
7 hours ago -
Stock markets rise as traders consider US rate outlook
8 hours ago -
Business community alarmed by alleged Cigarette tax violations
8 hours ago -
High FED on cigarettes demonstrates positive impact
8 hours ago -
PTCL posts 14 % revenue growth
8 hours ago -
Prudent policies, reforms poised to result in sustainable economic growth: Governor State Bank of Pa ..
9 hours ago
-
ICCI resolute to turn Islamabad an ecofriendly city: Khalid Malik
8 hours ago -
Beijing's GDP up 6 pct in Q1
10 hours ago -
China's Q1 goods, services trade surplus exceeds 60 bln USD
10 hours ago -
Pakistan Stock Exchange (PSX) loses 43 points
11 hours ago -
KP Govt decides to establish Gem Processing & Export Centre
11 hours ago -
Rupee sheds 04 paisa against dollar
11 hours ago