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KARACHI: Indus Telecom has announced that it will be deploying a nation-wide Optic Fibre Network in Pakistan, at a cost of USD 45 million, as part of the telecommunication deregulation process that has been initiated by Pakistan Telecommunication Authority.

According to Indus Telecom, the network will run over 4,500 km, spanning the length and breadth of the country, through all four provinces, providing an alternate source to telecom operators for their long-haul transmission needs, which will ultimately result in cheaper long-distance telephony services for consumers.

The company also stated that substantial work has already been accomplished towards the goal of completing Phase I of the Network by the end of the year, and that it has attracted substantial foreign investment into this project, which will create many job opportunities for Pakistanis.

Indus Telecom is a privately held corporation and is a member of the Nuricon Group of Companies, Pakistan’s leading oilfield services company. Through it’s sister concern, Indus Telecom already has telecom operations in Canada and Nigeria.