Published on November 10th, 2006 | by Babar Bhatti5
Pakistan: Key Telecom Growth Market
Business Monitor International (BMI) has ranked Pakistan as a key destination for telecom growth.
The BMI ranking study states that as a result of foreign investments, growth potential and good deregulation policies by PTA, the telecom industry in Pakistan has grown tremendously. A few months ago Pakistan was lagging behind Thailand but due to the political fallout of the coup in Thailand, Pakistan has move ahead in rankings.
The BMI rankings take into account a number of factors including industry situation, growth potential,competitive landscape and economy and political risks etc. Therefore this ranking implies that the investment environment in Pakistan has improved to the point where it is better than many other countries in the region. This is a big first for Pakistan.
The rankings change with time but this finding is consistent with the opinion of most researchers. The overall consensus of the analysts is that Pakistan is one of the countries with huge untapped potential for telcom growth and an attractive investment environment. Other Asian countries with good telecommunication potential include Vietnam, Indonesia and Thailand.
For more information visit the latest issue of BMI “Telecom Insight” here.
In my next post I’ll discuss the profile and outlook of PTCL and Ufone.