MIC completes Paktel sale

14 Feb 2007

Millicom International Cellular has announced that it has completed the sale of its 88.86% shareholding in Pakistani wireless operator Paktel to China Mobile for USD284 million in cash. The other main shareholder in Paktel is the Arfeen Group with a 10% holding.

Pakistan , China Mobile, Millicom International Cellular (MIC), Zong

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share