Can the industry raise rates and invest more in 5G? Executives aren't so sure Consolidation in Pakistan's telecom sector will not necessarily lead to higher rates, industry insiders say. (Source photos by Reuters and Ufone's Facebook page) ISLAMABAD — Pakistan's telecom industry entered a new phase in July with the merger of the country's third- and fourth-largest mobile operators, reducing the number of operators to three and prompting expectations that those left standing will now have the leeway to lift their extraordinarily low rates.
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