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News » 2006 » April » 19

Wednesday, April 19, 2006

Rising Incomes Fuel Pakistan’s Continued Telecom Boom

via today.reuters.com

“Why shouldn’t I keep a mobile phone when I can have it for less than 200 rupees ($3.5) a month,” said Mohammad Akram while tending to his vegetable stall on the roadside of a middle-class Karachi neighborhood. Thanks to Pakistanis’ rising incomes, which have doubled to over $800 per annum in the last six years, …

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