Mobilink announced that it will be investing $US1 billion over the next five years, with $US300 million to be invested this year for expansion and upgrades of its mobile network in Pakistan. The recently completed merger with Warid will see the Operator expanding over 1,500 new brand stores or mini franchises across country. The operator is also confident that it will create over 5,000 jobs across Pakistan over the next five years.
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Jean Yves Charlier, CEO of Mobilink’s parent company, VimpelCom said, “We fundamentally believe that the growth opportunities in Pakistan are very substantial, mainly due to young population here and penetration of mobile services that are still on the rise in the country." He added that, "Integrating network assets would help introduce new products and services like mobile financial services, mobile apps and other value added services at scale. The merger would also result in superior customer experience as well as easier access and availability due to wider distribution network."