China Mobile to invest 800 million dollars in Pakistan


Saturday, 05 April 2008


Keeping in view the business prospects in the Pakistani cellular market, China Mobile Communication Corporation has plan to invest $800 million by the end of this year, which would provide jobs to around 5,000 people.
The company already invested $700 million in this sector. China Mobile Communication Corporation Chairman and CEO Wang Jianzhou expressed these views during a meeting with Prime Minister Syed Yousaf Raza Gillani here on Saturday.

He said the company was launching its brand by the name of ZONG today. He said that China Mobile is the biggest cellular phone company in the world with over 380 million subscribers and this investment in Pakistan was the company’s first foreign investment anywhere in the world.

He said that by the end of this year his company would install 5180 new sites, which would cover 90 percent areas of Pakistan. He apprised the prime minister that the company hopes to expand its activities in the country and build its network.

The company would also bring new equipment to the country, train people and become an active player in the country’s telecom sector. He also expressed interest for investment in the education and environment sectors, which the prime minister appreciated. Prime Minister informed the delegation that China was all weather, time-tested friend and both the counties had strategic and close relationship in every field.

The entry of China Mobile into the Pakistani market would augur well for further enhancement of economic relations between the two countries, he added. The prime minister said that Pakistan’s telecom sector had gone through a rapid growth and this increase in teledensity in the country had created several growth opportunities.


http://www.uniquepakistan.com/news/economy...n-20080405.html

CM PAK is not using huaweii equipment on their sites but instead use weather proof Ericsson systems. They are really working on expanding their coverage and are installing sites at very short distance to support high customer density. They are going to give the big names a real run for the money.

Telecommunications is a massive market in rising Asian countrys and even now in Africa.

This is good. Making the big names run for their money will cause them to spend more to raise their quality of service. Plus remember, some UAE companies are also in the Pakistani market as well, which would mean they will have to invest more too. Competition will also help lower prices (even further), and keep quality up. What we need now is for companies to start manufacturing cell phones within the country, so we do not have to import them (and they are cheaper for the customer).

Does anyone know about their headoffice in Pakistan or offical website of China Mobile (Pak) ?

actually I better apply for the job there !

i think this should be their official site.
http://www.paktel.com/gsm/home.asp