http://www.engadgetmobile.com/2007/01/29/china-mobile-buys-paktel-begins-quest-for-world-domination/ Engadget Mobile Comments for China Mobile buys Paktel, begins quest for world domination http://www.engadgetmobile.com/media/feedlogo.gif http://www.engadgetmobile.com en-us Copyright 2008 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadgetmobile.com/2007/01/29/china-mobile-buys-paktel-begins-quest-for-world-domination/http://www.engadgetmobile.com/2007/01/29/china-mobile-buys-paktel-begins-quest-for-world-domination/Paktel is the 4th best carrier - at best!.
It was originally a TDMA opperator & GSM is the popular choice in these parts, Cable & Wireless threw in the towel & the company ended up with Millicom.
They got a GSM license in 2003-2004, somewhat dubiously, (Telenor paid $300 Million for their's,while the general belief is that Paktel got a fraction of that cost - since they were already in the market).

With 3 other carriers offering much better services at competetive prices, I cannot see how China Mobile can make money off of a company that has a small user base, poor coverage, basic and unreliable service etc.

Seeing that they paid $284 Mill, when only a GSM license costs $300 Mill, it seemed like a bargain to them for expanding the company portfolio outside the mainland.
]]>Jan 30th 2007 12:27AMhttp://www.engadgetmobile.com/2007/01/29/china-mobile-buys-paktel-begins-quest-for-world-domination/http://www.engadgetmobile.com/2007/01/29/china-mobile-buys-paktel-begins-quest-for-world-domination/May 5th 2007 1:19PMhttp://www.engadgetmobile.com/2007/01/29/china-mobile-buys-paktel-begins-quest-for-world-domination/http://www.engadgetmobile.com/2007/01/29/china-mobile-buys-paktel-begins-quest-for-world-domination/dear competition exists everywhere & in every field even in every walk of life ,so it doesn't mean that u just quit.new attractive offers , low rates ,good quality service.might make Paktel a more famous than others.
the thing is that they must compromise first as much they can do.obviously the future belongs to them.
so where is a will ,there is a way.

thankx,
mohsin Baig.
B.E(Telecom)

]]>Jul 2nd 2007 7:25AM