Towershare Signs Infrastructure Sharing Agreement with Telenor Pakistan
Towershare, a Middle Eastern’s Tower Company, has signed an agreement with Telenor Pakistan to operate and manage Mobile tower infrastructure in the country.
Through this agreement, Towershare will enable Telenor Pakistan to expand its network, as well as enabling access to its existing portfolio, in order to support its increasing subscriber base nationwide.
With such contracts, Towershare deploys and owns the towers while providing the access to (multiple) mobile phone companies. Towershare, it maybe noted, has the expertise of network deployment in tough terrains where operators find it hard and not viable to operate in usual circumstances.
Additionally, Towershare also has this model of leasing one single tower to multiple companies even in the urban areas to offer win-win situation for everyone.
The contract was signed between Irfan Wahab Khan, CEO Telenor Pakistan, and Rehan Hassan, President & CEO Towershare.
Senior executives from both companies attended the signing ceremony and expressed their firm belief that this joint venture will help in delivering cost effective and high quality telecommunication services in a dynamic and highly competitive market. Towershare shall own and operate these towers, further consolidating its position as the largest independent tower operator in the country,
Commenting on the development, Irfan Wahab Khan, CEO Telenor Pakistan, said, “We believe shared mobile infrastructure is a smart way to accelerate the spread of telecom and digital services that will reap benefits by conserving resources and staying friendly to the environment. We are pleased to join hands with Towershare as it is our mission to empower socities with technology and bring ‘Internet for All’.”
Rehan Hassan, President and CEO Towershare, said, “This partnership is yet another step for fulfilling our vision of providing the full economic, strategic and operational benefits of shared mobile infrastructure to all the operators in the country and we are pleased that Telenor has selected us in this quest”
Towershare said that it is committed to help operators improve their coverage and capacity, whilst helping to bring down the cost of providing Mobile data and telephony services to the masses in an environmentally friendly manner.
With data utilization expected to continue surging for the foreseeable future, Mobile Network Operators will continue to be under immense pressure to upgrade and improve their networks while at the same time reduce operating costs.
Towershare said that it will enable Telenor to focus on their Network expansions and optimization while providing peace of mind for Telenor’s passive infrastructure.