China Mobile Buys Telecom's Stake In Pakistan

January 22, 2007 | Print | Email Email | Category: Telecom & Wireless


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China Mobile (CHL) has entered into an agreement with Millicom International Cellular S.A. to purchase 88.86% of the outstanding shares of Paktel Limited, a mobile communications operator in Pakistan.

The transaction implies an enterprise valuation for Paktel Limited of US$460 million.

Completion of the transaction is subject to the receipt of certain regulatory approvals. If such approvals are obtained, completion is expected to occur in late February 2007.


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4 Responses to “China Mobile Buys Telecom's Stake In Pakistan”

  1. By moh ramzanApril 17th, 2008 at 6:08 am

    china mobile is in pakistan? salam i want buy my mobilink # 031-60977877

  2. By Sarmad sajjadApril 23rd, 2008 at 9:58 pm

    it was great to listen the news of launching of zong in Pakistan i was already using paktel which is upgraded to zong my number is 03145117646.

  3. By M NaeemMay 2nd, 2008 at 11:01 pm

    i will request you plz give me no off my same jazz sim.0301 -6738402 ok

  4. By kashifJuly 28th, 2008 at 1:36 pm

    yar i wanna book a number. kindly tell me method.

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