Wednesday, May 31, 2006
China Mobile is likely to enter Pakistan's cellular industry
(Pakistan Press International Via Thomson Dialog NewsEdge)Karachi, May 30 (PPI): China Mobile is likely to enter Pakistan's cellular industry as the Asian telecom giant is close to acquiring Luxembourg-based Millicom International - the parent company of Paktel and one of six cellular operators in Pakistan. Telecom sources said Millicom International, which operates both AMPS and GSM cellular services through Paktel in Pakistan, was wrapping up its operations amid rising competition and declining profits.
For more details: http://www.tmcnet.com/usubmit/2006/05/31/1664718.htm
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2 comments:
hey mansoor: first off.. thanks for your comments on my blog. now to the issue.. i loved reading the article. It made me laugh so hard i almost fell off my chair! Just read the following line... "The company [Paktel], with over 10 million subscribers, registered a 20 per cent increase in revenue"
Now that was the best joke i've heard in a long time! i wonder if china mobile is dumb enuff to believe that number? or the news source isnt too picky about verifying its facts.
Is this good or bad?
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