KARACHI: Engro, the biggest conglomerate in Pakistan, is looking to increase telecom tower-sharing coverage in Pakistan and investigate other telecom infrastructure use cases through its strategic relationship with Veon.
According to Samad Dawood, vice chairman of Dawood Hercules, which owns 40% of Engro, “Pakistan is a very large market in terms of telecom, which keeps growing larger,” he told Reuters.
Dawood listed nations ranging from “the Atlantic coast of Morocco all the way to Central Asian states” as possible markets, saying, “This infrastructure business, with scale, allows us to utilize telecom infrastructure better in Pakistan and eventually also serve international markets as well.”
Plans to combine and manage their infrastructure assets in Pakistan were revealed last week by Engro and Veon, a Dutch telecommunications and digital services business.
