LAHORE: The Zong has registered a 23.2 percent monthly increase in revenues for the month of October 2016, announcing its highest ever revenue of Rs 5 billion in October 2016.
These results are fuelled by the major growth in mobile data that has registered a phenomenal growth of 200 percent 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 the company will soon reach 2 million 4G subscribers to achieve another milestone in the history of Pakistan’s Telecom market. The company is now the fastest growing data network of Pakistan in terms of subscribers, revenue and network rollout and has been termed by Pakistan Telecommunication Authority (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 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 parent company, China Mobile Communication Corporation, gave a go ahead for additional investment that will take Zong total investment in 4G to over $300 million.
