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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’s and Telenor’s Pakistani operations is around 26 million, representing a 28% of the market.
For the record, China Mobile entered the Pakistani market in 2007, when it paid $460 million to buy Paktel from Millicom International. Previously, they had tried to acquire Warid Telecom, another smaller operator in the country, but failed to reach an agreement on the price.
China Mobile’s Pakistan subsidiary is called Zong and with just under 6 million customers, it is the smallest of the 5 main operators in the country.
[Via: CellularNews]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
