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 Tuesday, March 25, 2008

KARACHI -(Dow Jones)- Foreign investment in Pakistan's telecom sector witnessed a 7.2% growth on year in the first six months of the current financial year that began July 1, government data issued Wednesday showed.

During the July-December period, foreigners invested $1.314 billion in the country's telecom sector compared with $1.225 billion during the same period last year, Islamabad-based Pakistan Telecommunication Authority said in a report.

During the last four years, the telecom sector has attracted over $5 billion as foreign direct investment, the report said.

Source: Cellular News.