Mobifun’s Weblog

Do Fun with your Mobile….

CHINA MOBILE BUYS PAKtel

The Wireless Report  China Mobile — the world’s largest mobile carrier by subscribers — wants to move beyond China’s borders, and has purchased a 90% stake in Pakistan’s Paktel from Millicom International Cellular to do just that.

Just like any global company these days, international operations are a must sometime for the growth that is the end goal. This purchase represents the first buy China Mobile has made outside of China and Hong Kong

Advertisements

January 24, 2007 - Posted by | Best mobiles

1 Comment »

  1. It’s strange that Millicom is acquiring stakes in Africa but they have gone out from Pakistan – a place where the market is still on the rise. The chinese may be looking at some future in a market predicted to be saturated soon!!!!!!

    Wayne

    Comment by Wayne Zhang | February 1, 2007 | Reply


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: