Tawal KSA, a Saudi telecom company, intends to expand into Pakistan and assist local businesses in providing service in underserved areas.
This was proposed on Wednesday in Islamabad during a meeting between a senior company delegation and Federal Finance Minister Miftah Ismail.
Tawal is a division of the Saudi Telecommunications Company (STC), which manages more than 15,500 telecom towers throughout the Kingdom and is partially controlled by the Saudi government.
Tawal KSA was represented at the meeting by its Chief International Officer (CIO), Emmanuel Leonard. Juan Pablo Sanchez, the country manager for Tawal Pakistan, and Shah Faisal Safdar Khattak, the director and country representative for Tawal Pakistan were also part of the group.
The company’s operations and purpose to build vital telecom infrastructure in Pakistan were explained to Miftah.
Leonard spoke on Tawal’s upcoming offerings and how the company hopes to help Pakistani mobile network operators meet their expanded coverage and capacity needs for the country’s quickly expanding data demand.
The delegation received assurances from the finance minister that the government intends to offer all assistance necessary to ease company operations and promote foreign direct investment in Pakistan.
Ismail also recognised the worth and importance of Tawal’s operations for the growth of Pakistan’s telecom industry.
Later, the finance minister confirmed Tawal’s plans to expand into Pakistan while speaking with SAMAA TV, stating that the Saudi company had bought a local business to launch operations there.
He also said that the company intends to make significant expenditures and will build 70 to 80 mobile communication towers for local telecommunications businesses across the nation.
