OSLO, – Norwegian telecommunications operator Telenor said yesterday it had won the auction in Islamabad for one of two new nationwide GSM licenses in Pakistan for mobile operation.
Telenor’s winning bid of US$291 million secured a 15-year license, which will be renewable on application, it said. Pakistan has a population of 150 million.Given recent positive economic development in Pakistan and the low mobile penetration in the country, high growth within the mobile segment is expected in coming years, Telenor said.Four telecoms operators currently share the market, it said.Telenor has mobile phone businesses in a dozen countries, mainly in Europe and Southeast Asia.-Nampa-AFPPakistan has a population of 150 million.Given recent positive economic development in Pakistan and the low mobile penetration in the country, high growth within the mobile segment is expected in coming years, Telenor said.Four telecoms operators currently share the market, it said.Telenor has mobile phone businesses in a dozen countries, mainly in Europe and Southeast Asia.-Nampa-AFP
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