Home Technology Zong Achieves Highest Ever Monthly Revenue of PKR 5b

Zong Achieves Highest Ever Monthly Revenue of PKR 5b

Zong Achieves Highest Ever Monthly Revenue of PKR 5b

Pakistan’s No 1 Data network Zong, announced its highest ever monthly revenue of PKR 5b for October 2016. The company registered a 23.2% (MoM) increase in revenues for the month of October 2016, a 26.5% increase in recharge as compared to October 15. These results are fueled by major growth in mobile data that has registered a phenomenal growth of 200% MoM against October last year.Zong 4G uptake doubled in the month of September 2016, reaching 1.71 Million subscribers from 0.9 Million in August. It is expected that Zong will soon reach 2 Million 4G subscribers to achieve another milestone in the history of Pakistan’s Telecom market. Zong (CMPak) is now the fastest growing data network of Pakistan in terms of subscribers, revenue and network rollout and has been termed by PTA as the best network in voice and data services.The company recently announced plans of investing in an additional 1,000 4G sites across Pakistan after the company achieved its 2016 4G rollout plan, three months ahead of schedule. The addition of 1000 4G sites, will take the overall tally of Zong’s 4G sites to around 6,000 by the end of this year, making it the largest, widest and fastest in terms of 4G coverage. To facilitate the company’s ambitious expansion plans, Zong’s parent company, China Mobile Communication Corporation, gave a go ahead for additional investment that will take Zong’s total investment in 4G to over 300 Million USD

Must Read

Zameen.com organizes ‘Family Food Gala’ in Etihad Garden

Rahim Yar Khan: Zameen.com, Pakistan’s biggest property portal, recently organized a three-day ‘Family Food Gala’ in Etihad Garden. The fun-filled event commenced with a...

International Banking, Finance Conference: BankIslami CEO Stresses Collective Efforts to Mitigate Covid-19’s Impact

KARACHI: The President and CEO of BankIslami, Syed Amir Ali stressed upon the stakeholders in the financial and banking sector to develop the solutions,...

realme 7 pro marks sales records in pakistan; now available in offline markets nationwide

The young and trendsetting technology company, realme continues to introduce remarkable devices in Pakistan. With the slogan “Dare to Leap”, realme has become very...

Daraz ranks as the Number 1 App on Google Play Store during 11.11 Sale

Daraz concludedtheannual and biggest to date e-commerce shopping extravaganza of Pakistan with -11.11 (GyaraGyara) – with great success. The flagship sale brought a plethora...