Zong now eyeing at Telenor & PTCL in talks with Mobilink?
There has been rumors in Pakistan’s telecom industry that Zong (a China Mobile company in Pakistan) is in talks with Telenor to get some stake in its Pakistan operations. Some say Zong may get a minority stake while others argue Telenor may sell its complete setup in Pakistan to Zong. Although nothing has been confirmed yet, a discussion is also going on at a local online telecom discussion forum (Telecom Grid Pakistan) on this matter.
Historically, Telenor group has never given majority stake in its business to any other company. If this deal happens, it will be first of its kind.
On the other hand Pakistan’s telecom giant PTCL, which is now part of Etisalat (UAE), is also negotiating different options with Mobilink (an Orascom company) according to market sources. Mobilink, being the largest cellular operators in Pakistan, will change the face of PTCL incase it is acquired by PTCL. PTCL already has its own cellular company with the name of Ufone.
Analysts say that if this deal happens, it will create serious concerns for the young deregulated telecom market of Pakistan. It will boost PTCL’s monopoly in cellular sector as well as it is already enjoying largest market share in fixed telephony.
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Is it really happenning? Well I will support such an idea because there are few countries in the world where there are 5 cellular operators (like we have in Pakistan). There is too much mess in Pakistan’s cellular scene, lets have fewer companies. Let them merge!
What I predict is that Mobilink will be acquired by some company but about Telenor I think it will remain independent. Telenor is going good whereas Mobilink is in trouble according to my perception.
Oh no! I am using Telenor and I hate Zong. I don’t want to be part of Zong.
I will switch to either Ufone or Mobilink if this happens.
What I think is ZoNG is still a new born baby as far as Telenor’s market share in Pakistan is concerned, Telenor is ofcourse a better settled company in Pakistan’s cellular telephony…
Nothing like this will gona happen :p
Friends this is gonna happen bcoz telenor is going for a national licence in india that is the main reason. zong but the telenor share about 30-40 % and they are negotiating wiht telenor…and telenor sell the complete setup and take out all its investement from pakistan and invest in india..getting a national licence in india is quite imposible.any few MNE’s get the national licence in inda.
Regards,
Faisal Rizwan
Comsats Islamabad.
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