PTCL to invest Rs 16bn in next five years: MD

Pakistan Telecom-munications Company Limited (PTCL) would invest about Rs 16 billion in telecommunications sector in the next five years in Pakistan, Walid Irshad, Managing Director PTCL said.

Addressing a luncheon meeting at Korangi Association of Trade and Industry (KATI) on Monday, Irshad said that PTCL is going to introduce super-speed Internet in the near future in Pakistan and it would be started from Korangi Industrial Area.

He said that the era of conventional telephone exchanges is now over and most modern exchanges would now be installed in Pakistan. He said that first ever new generation telephone exchange would be introduced in Karachi.

From: Daily Times