Pakistani Firm Awards $32 Million Mobile Contract to Siemens

via www.moneycontrol.com

Siemens Communications Mobile Networks has won a $ 32 million contract with Pakistan’s U-Fone, to provide mobile telephone services in Pakistan.

The deal between U-Fone, a subsidiary of Pakistan Telecom Mobile, and Siemens enables Pakistan’s second largest mobile operator to increase its subscriber base by 500,000 from its present 1.3 million subscribers. The project will be completed by May 2005.

Soenke Peters, Vice President and Head of Siemens, Middle East, said, “Providing scalable, tailor-made solutions to meet the needs of customers has positioned Siemens as the number one mobile service provider in Pakistan…