PTCL, Zong sign fibre-optic leasing agreement
19 August 2016 | Jason McGee-Abe
Pakistan Telecommunication Company Limited (PTCL) has agreed to lease, operate and maintain 789km of its fibre-optic network to Zong.
The fibre leasing agreement will enable Zong Pakistan, whose parent company is China Mobile, to utilise PTCL’s nationwide fibre-optic footprint and enhances data and voice-based services to its growing 3G and 4G subscriber base across Pakistan.
The increasing demand of 3G/4G data usage in the country has put pressure on carriers to enhance their offering and has created a demand for effective base transceiver station (BTS) backhauling for seamless data transmission.
The strategic partnership is a step forward towards actualising the MoU signed between the companies in December 2015, which declared PTCL as Zong’s preferred partner for providing infrastructure and technical expertise in a number of sub-sectors.
Daniel Ritz, CEO and president of PTCL and Liu Dianfeng, chairman and CEO of Zong signed the agreement at a ceremony held at PTCL Headquarters in Islamabad on Wednesday.