CMPak Achieves Highest Ever Monthly Revenue Of Rs. 5 Bln

ISLAMABAD, (UrduPoint / Pakistan Point News - 08th Nov, 2016 ) : China Pakistan Mobile (CMPak), Zong, on Tuesday announced it has achieved its highest ever monthly revenue of Rs 5 billion for October 2016.

The company registered a 23.2 % increase in revenues for the month of October 2016, a 26.5% increase in recharge as compared to October 15. These results are fuelled by major growth in mobile data that has registered a phenomenal growth of 200 % against October last year.

As per details, zong 4g uptake doubled in the month of September 2016, reaching 1.71 million subscribers from 0.9 million in August. It is expected that Zong would soon reach 2 million 4G subscribers to achieve another milestone in the history of Pakistan's telecom market.

The company recently announced plans of investing in additional 1,000 4G sites across Pakistan after achieving its 2016 4G rollout plan, three months ahead of schedule. The addition of 1000 4G sites, will take the overall tally of Zong's 4G sites to around 6,000 by end of this year, making it the largest, widest and fastest in terms of 4G coverage.

Zong's parent company, China Mobile Communication Corporation has given a go ahead for additional investment that will take its total investment in 4G to over US $ 300 million.