reliability in
partnership
Previous Quarter Report
(Jan-Mar 2008)
Performance | Plans
Performance:
We are pleased to inform our investors that our cash flows have substantially improved. This is due to two reasons: better payment schedule with our customers and credit line with our suppliers. We have also improved upon payback period. The investment cycle would reduce and hence the risk would also minimize. We stand committed to offering high returns (ROI) though.
In terms of operations, we got the breakthrough for services division by securing a project with Wateen Telecom for VSAT (DVB) terminal deployments. Kicked off on January 17 2008, we have deployed 75 terminals in the past three months. This also includes a few terminals deployed for Nexlinx. Where we remained focussed at Operator market segment, we did touch upon Enterprise segment in the past quarter. Mybank is our first direct customer for radio link deployment services. Corresponding to the business, our team has grown rapidly. Not only in Lahore, we are also firmly positioned in Karachi. Our deployments span most of Punjab and some areas of Sindh, AJK and Northern Areas of the country.
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