Telekom Malaysia (TM) is set to complete its $100 million coun trywide fibre optic project in Pakistan by October 2007. TM is also reportedly interested in buying Pakistan Telecommunications Company (PTC) apart from its plan to increase its investment in India, Indonesia and China. It has adopted a twopronged strategy to study new commercial opportunities in Asia and strengthen its position in existing markets. It has also increased its capital expenditure for its international operations and spent over $400 million in the first nine months of 2006.