Chinese telecom operator China Mobile plans to invest USD1.5 billion in CMPak, its wholly-owned subsidiary in Pakistan, over the next four years. Fan Yunjun, chief executive officer of CMPak, revealed the news over a talk with Pakistani Prime Minister Yusuf Raza Gilani. Fan said that China Mobile hopes to enlarge its 3G market share in […]
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China Mobile May Acquire MTN's Assets
03 April 2009
Chinese telecommunications operator China Mobile is considering the acquisition of a part of the South African telecommunications operator MTN Group's assets in Iran, Syria, and Sudan, with a total value of about USD2 billion.
According to local media reports, China Mobile is looking for partners in the telecommunications industry to jointly bid for these assets. At […]
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