August 21, 2014 2:59 AM ET

Diversified Telecommunication Services

Company Overview of China Mobile Pakistan Limited

Company Overview

China Mobile Pakistan Limited provides wireless telecommunication services in Pakistan. The company offers voice and data services as well as tariff options. Its services include one-to-one voice communication, short messaging, picture messages, polyphonic ring-tones, conference calling, and call forwarding. China Mobile Pakistan Limited was formerly known as Paktel Limited. As a result of acquisition of Paktel Limited by China Mobile Communications Corp., Paktel Limited name was changed. The company was founded in 1990 and is based in Islamabad, Pakistan. As of February 13, 2007, China Mobile Pakistan Limited operates as a subsidiary of China Mobile Communications Corp.

7 Mauve Area

Islamabad,  44000

Pakistan

Founded in 1990

Phone:

92 11 122 2111

Fax:

92 11 103 1031

Key Executives for China Mobile Pakistan Limited

Chief Executive Officer and Member of Board of Directors and Executive Management Team
Director Sales
National Business Development Manager
Brand Manager
Director of Marketing
Compensation as of Fiscal Year 2014.

China Mobile Pakistan Limited Key Developments

China Mobile Pulls Out Of Warid Race

China Mobile Pakistan Limited (Zong) has dropped out of the race to acquire Warid Telecom (Pvt) Limited due to unjustifiable selling price by the sellers while Zong has decided to stay focused on 3G and Long Distance International (LDI) licences auction, it was learnt. Zong Chief Public Relations Officer Sikandar Naqi confirming the news told Daily Times that subsequent to due diligence the company has decided that going to bid for Warid will not be an adequate move. He said that the evaluation and assessment does not rationalize the selling amount of Warid.

China Mobile Eyes Warid

China Mobile Pakistan Limited is considering to acquire Warid Telecom Pakistan LLC. China Mobile has mandated MAS ClearSight Ltd. to evaluate the deal and assist the company during the acquisition process. The News International quoted Sikander Naqi, China Mobile's Head of PR, as saying, "We are looking into Warid very seriously and it does make a lot of business sense for us to go with the deal." Naqi also added that China Mobile has given the company a mandate to go ahead with the bid. Pakistan Mobile Communications Ltd., Emirates Telecommunications Corporation (ADX:ETISALAT) and Ooredoo Q.S.C. (DSM:ORDS) are also thought to be interested in buying Warid.

Zong Launches Golden Numbers, Facebook Dial Tunes App

Zong has introduced "golden numbers" at its service centres and franchises. Customers will be able to pick a specific number and either pay the listed price or pay through a recharge. The operator has also introduced the Facebook Dial Tunes App, which allows users to set dial tunes from the best music from the Facebook platform. The service is charged at PKR 5 plus taxes per dial tune.

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