Showing posts with label Zong. Show all posts
Showing posts with label Zong. Show all posts

Sunday, July 26, 2009

China Mobile to buy Telenor Pakistan?: IntoMobile

Dusan Belic

China Mobile is reportedly in talks with Norway’s Telenor concerning an acquisition of their Pakistani mobile network. Both companies are denying such development, yet sources told the local Dawn newspaper that negotiations were being held secretly at the group level.

According to some statistics, the combined customer base of China Mobile (NYSE: CHL)’s and Telenor’s Pakistani operations is around 26 million, representing a 28% of the market.

For more on this article, please click on the following link: China Mobile to buy Telenor Pakistan?: IntoMobile

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

Tuesday, July 22, 2008

Cell phone connections zoom to 88 million in Pakistan: FreshNews

Islamabad, July 22 (IANS) From just 300,000 eight years ago, the number of mobile phone connections in Pakistan has grown to 88 million in 2008 covering over half of the population, thanks to cheap rates and lucrative offers by service providers.

According to a report of the Pakistan Telecommunication Authority (PTA), mobile phone density increased from just 0.22 percent in 2000 to 54.7 percent by June 30, 2008. The six mobile phone companies in the country have sold 88,019,812 connections till now this year as compared to 306,493 by four companies in 2000. Pakistan has a population of 165 million.

However, sales executives of mobile companies say the figure of 88 million may not be accurate as many consumers keep switching from one service provider to the other without getting their previous connection cancelled.

For more on this article, please click on the following link: Cell phone connections zoom to 88 million in Pakistan: FreshNews

Thursday, June 19, 2008

Robust growth forecast for telecom sector: The News

Thursday, June 19, 2008
By Jawwad Rizvi

LAHORE: Mobile companies in many regions of the world have not enjoyed the phenomenal subscriber growth witnessed in Pakistan propelling the telecom sector to the stature of a powerhouse in a short span of time.

With mobile penetration at 52 per cent, there is still great potential to be capitalised upon in this market. It must be noted that the overall environment has changed significantly in the last five years where aggressive competition within the industry has translated into benefits for the overall consumer and economy of Pakistan.

An analysis of the telecom industry of Pakistan showed that telecom companies in Pakistan had effectively used a mix of strategic marketing and technological advancement to push their growth and become one of the fastest growing telecom markets in the region.

Until 2001, a few telecom players were providing basic services to a small elite customer base, however, after subsequent deregulation and investor-friendly policies of the government, we are now witnessing a highly competitive market, where telecom services are accessible to all.

With six cellular operators working in Pakistan providing network coverage of almost 90 per cent, significant advantages are being passed on to the end consumers.

For more on this article, please click on the following link: Robust growth forecast for telecom sector: The News