STAFF REPORT ISB: Chief Executive Officer of VimpelCom Jean-Yves Charlier has appreciated the business-friendly telecom policies of the government of Pakistan.


“Teledensity in Pakistan is one of the highest in the region which makes the country one the favourite destination for foreign investors,” he said this during his recent meeting with Prime Minister Nawaz Sharif in Islamabad.


On the occasion, the Prime Minister Nawaz said that the incentive-based transparent policies of the government have restored confidence of international business community to invest in the country.


He said that the governments clear policies have especially revolutionized the Telecom sector and successful launch of 3-G and 4-G in the recent past is a testimony to this.


Nawaz said the government is encouraging the telecom companies to expand their outreach to far-flung areas of the country.


He said Pakistan offers an ideal environment for telecom sector as the country has one of the largest cellular phone subscribers.


He also said the government believes in open and transparent business policies so that both local and foreign investors are further motivated to explore the business opportunities in the country.

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