China Mobile says it will invest USD300 million into Pakistan subsidiary CMPak (Zong) during 2010 to upgrade the cellco’s network. The Chinese company has already invested almost USD1.7 billion in Pakistan since acquiring a stake in Zong in 2007. At the end of 2009 the cellco had a 7% share of the subscriber market, according to figures from TeleGeography’s GlobalComms Database.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors