Showing posts with label China Mobile. Show all posts
Showing posts with label China Mobile. Show all posts

Friday, June 26, 2009

China Mobile Pakistan to Double Number of Base Station by Year-End: CN

China Mobile's ­Pakistani subsidiary, Zong is planning to spend up to US$500 million by the end of this year on a substantial expansion of its mobile network, reports the local Daily Times newspaper. The network is expected to double the number of base stations it operates from 4,500 to around 9,000 by the year-end.

the newspaper that China Mobile has planned to double Zong's cell sites in various parts of the country in order to facilitate their subscribers with smooth and fast signals traffic.

The Chinese company has invested US$1.66 billion so far in Pakistan, including US$600 million invested in the closing fiscal year 2008-09.

For more on this article, please click on the following link: China Mobile Pakistan to Double Number of Base Station by Year-End: CN


Friday, February 13, 2009

China Mobile to invest another $500 mln in Pakistan: Chinaview

ISLAMABAD, Feb. 13 (Xinhua) -- China Mobile Communications Corporation (China Mobile) will invest another 500 million U.S. dollars in Pakistan during the year 2009, the company's subsidiary in Pakistan disclosed on Friday.

The money will be earmarked for building new network capacity and other infrastructure, the CM Pak Ltd. (CM Pak), China Mobile's wholly-owned subsidiary in Pakistan said in a statement.

The Federal Minister for Investment, Senator Waqar Ahmed, Ambassador at large Khalil Ahmed, Advisor to the Prime Minister on Water Resources Majidullah Kamal and Chinese Ambassador Luo Zhaohui visited the head office of CM Pak and were briefed about the performance of the company.

Qian Li, Chief Executive Officer of CM Pak, known in Pakistan as ZONG, introduced the operations of the company and also informed the visitors of the failure of the company to get the (Long Distance International) LDI license despite of the approval from the Prime Minister and the cabinet.

For more on this article, please click on the following link: China Mobile to invest another $500 mln in Pakistan: Chinaview

Saturday, June 21, 2008

China Mobile to further invest $ 800 mln in Pakistan: APP

BEIJING, June 19 (APP):China Mobile, the world largest telecommunication organization will make further investment amounting to $ 800 million in Pakistan. This was stated by President of China Mobile Wang Gian Zhuo during a meeting with Foreign Secretary Salman Bashir here on Thursday.

China Mobile has already made an investment of $ 800 million in Pakistan.

Wang said that besides making further $ 800 million investment, he would also pursue many internationally acclaimed telecommunication organizations like Sony-Erricson to take part in the development of telecommunication in Pakistan.

He said the Pakistan has great deal of opportunities for Foreign Investors as it offers equal level playing fields for both foreign and domestic investors.

The President of China Mobile said that he had recently held very fruitful meeting with the Pakistani leadership and was impressed about the incentive Pakistan is offering for the Foreign Investors, particularly for Chinese Investors.

For more on this article, please click on the following link: China Mobile to further invest $ 800 mln in Pakistan: APP

Monday, May 26, 2008

From Malaysia to Pakistan, Vodafone Roams Far and Wide to Ring up Growth: Telegraph

Last Updated: 12:30am BST 26/05/2008

The mobile phone giant, unperturbed by the stagnant European market, is busy casting a wider net, writes Dominic White

Two years ago Arun Sarin was on the ropes. His position as chief executive of Vodafone was under threat from a tumbling share price, fears about growth and a boardroom rumpus that peaked with the departure as life president of his predecessor Sir Christopher Gent.

Vodafone is targeting the Vietnamese market
Vodafone is targeting the Vietnamese market

But Sarin came out fighting and since then his reputation and the Vodafone share price has been rebuilt. Crucially, he seduced investors with his emerging markets strategy, helped by the successful £5.7bn acquisition of India's fast-growing Hutchison Essar in February last year.

But now fresh questions are being asked about the mobile phone giant's ability to offset sluggish growth in its Western European heartland with customer growth in newer regions.

"Vodafone has been investing in emerging markets just as emerging markets as an asset class have started to report less bullish trends," wrote Credit Suisse last week...

For more on this article, please click on the following link: From Malaysia to Pakistan, Vodafone Roams Far and Wide to Ring up Growth: Telegraph

Friday, May 16, 2008

Apple lines up iPhone Asia deals: BBC

Apple has signed deals with four mobile phone networks in the Asia-Pacific region, and the firms will offer the iPhone in their respective markets.

SingTel will sell the gadget in Singapore, while Bharti Airtel will introduce it in India.

Globe Telecom has the rights to the iPhone in the Philippines, and Optus will offer it in Australia.

The iPhone was launched in the US and Europe last year. Apple chose a single network provider in each country.

For more on this article, please click on the following link: Apple lines up iPhone Asia deals: BBC