Mar 30, 2012

International Finance Corporation to invest $15.4 million in Multinet Pakistan

The International Finance Corporation (IFC), a US-based investment company that invests in infrastructure, health, and education sectors, is planning to invest $15.4 million in Multinet Pakistan (Private) Limited, a Pakistan-based Internet service provider for carriers and enterprise.

Multinet Pakistan, an operating company of Axiata is an innovative data and voice communication provider for state of the art managed servicessolutions to meed the needs of its carrier and enterprise customers.
Multinet excels at providing leading edge connectivity solutions to C2C, C2B and B2B segments on its own multi-layered OFC network, spanning over 107 cities across Pakistan. Today, Multinet has expanded its long-haul DWDM fully redundant network, self healing architecture network to over 6,000 km and continues to aggresively invest in extending its reach further within Pakistan and to neighbouring countries.

Source: Datamonitor, Multinet
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