Telenor and Zong signs agreement for sharing Fiber Optic Networks in Pakistan

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Telenor and Zong signs agreement for sharing Fiber Optic Networks in Pakistan

In a huge development of Pakistan’s telecom sector, Telenor and Zong are going to share their fiber optic networks. Both the telcos have made this move to meet growing data demands and narrowing margins.

Mr. Michael Foley, CEO Telenor Pakistan, shared his thoughts on the deal through a Facebook post. He said,

The great success of our 3G services has created a lot of demand for transmission capacity and getting fiber to a large number of sites is absolutely critical. In keeping with our strategy of ‘working smartly’ we got an agreement which gives us both big benefits on realizing synergies while at the same time making hundreds of KMs of deployed fiber available to each other. It’s a first of its kind agreement in the local industry and we would continue on the path to get the best benefits from asset sharing. Tremendous work done by Strategy and Technology teams, supported by a cross functional team of experts from Finance, Regulatory, Legal, Sourcing and other functions.

The deal will, indeed, help both Telenor and Zong to improve their network quality and expand their network sites without affecting their costs. The deal is not the first of its kind. Previously, Mobilink and PTCL/Ufone has also partnered to share their network infrastructure.

Both Telenor and Zong have got massive investments in Pakistan. The partnership will definitely benefit both telcos in providing enhanced network quality.

What are your views on this development, guys? Share your valuable views in comments section below.