LIRNEasia has had a deep commitment to decentralized innovation. Specifically in relation to Pakistan, we advocated more reasonable revenue splits for app developers and actions to reduce the transaction costs for them as far back as in May 2010. We are happy to see actions on those lines reported from Pakistan.
Irfan Wahab Khan, Deputy CEO of Telenor Pakistan, while speaking with ProPakistani, confirmed the plans and said that Telenor Pakistan is determined to play a role in nurturing and strengthening startups ecosystem in Pakistan.
“In addition to giving these startups an access to our assets, such as distribution channels, retail network, Telenor Pakistan has bundled a tool-kit with payment, location and other similar APIs, that will be made available to these selected startups”, explained Irfan Wahab Khan.
Irfan said that startups will be selected by Telenor Pakistan based on their business models and potential value that they would be able to add.
“Selected startups will be able capitalize Telenor’s experience in preparing their products and leverage the reach and access of Telenor’s assets with over 220,000 retail outlets, over 1,000 exclusive service centers and franchises, variety of payment solutions and big-data analytical tools that are exclusively available with Telenor Pakistan only”, said Irfan.