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Articles tagged with: Warid Telecom and Telenor
Telenor Rumoured to be Close to Buying Warid Telecom
It is being reported that Norway's Telenor is close to purchasing a controlling stake in Pakistan's Warid Telecom for around US$1.3 billion. If completed, the Dhabi Group will retain 7 percent of the company, while other 30 percent will stay with Singtel. more
Related Tags: singapore-telecom, Pakistan
Grameenphone to Raise $65 Million in Stock Market Floatation
Bangladeshi mobile operator Grameenphone has filed its final application for an initial public offering (IPO) of US$65 million. The company expects the subscription period for the IPO to be late January or early February next year. more
Related Tags: ipo, grameenphone, banglalink, aktel, citycell, teletalk, Bangladesh
Grameenphone Slashes Stock Market Floatation Plans
Bangladesh's largest mobile operator, Grameenphone has slashed the expected proceeds from its planned stock market floatation, to just US$125 million - citing the economic downturn in the global markets. more
Related Tags: ipo, grameenphone, banglalink, aktel, citycell, teletalk, Bangladesh
Muhammad Yunus Threatens to Sue Telenor Over Grameenphone Stake
Muhammad Yunus, the Nobel Peace Prize winner whose company, Grameen Telecom is a minority shareholder in Bangladesh's biggest mobile-phone network, Grameenphone said he may take legal action to force Telenor to give up control of the venture. more
Related Tags: ipo, grameenphone, banglalink, aktel, citycell, teletalk, dhaka, Bangladesh
Who are the Fastest Growing Operators in Asia-Pacific?
No fewer than 16 companies added more than 5 million customers over the course of the twelve months ended June 07. China Mobile heads the list with a massive 58.6 million customers - as many as the next three operators put together, and then some. As we have suggested before, it would take a genuinely radical restructuring of China's communications industry to threaten the company's world leading position and that seems unlikely. more
Related Tags: china-mobile, ipo, reliance, bharti, pakistan-mobile, bsnl, telkomsel, hutchison, vivo, telsim, India
PTA Pakistan June 2007 Customer Numbers
In the first quarter of 2007 Telenor trumped all of its competitors to lead the net additions race in Pakistan's fast-growing mobile market. However, in the second quarter, Telenor slipped into fourth place behind all of its major competitors despite the fact that it had the third best quarter in its nine quarter history. Pakistan Telecom's Ufone emerged as the front runner in Q2 2007 with 2.4m net additions to its base taking the total to 14m. It was followed by market leader Mobilink with 1.8m, new Singtel associate Warid Telecom with 1.7m and then Telenor with 1.6m. In total a record 7.6m new customers were added in Pakistan in the quarter, taking the total count to over 63m and the penetration rate to 37%. In the process both Telenor and Warid exceeded the 10m customer mark, finishing the period with 10.70m and 10.62m customers, respectively. more
Related Tags: singtel, ufone, mobilink
Pakistan - 10 Million New Customers in 2007
Almost 2.8m new mobile customers joined the ranks in Pakistan in the month of April - the second highest total ever recorded in the market, behind October 2006. Monthly proportionate growth stayed above 5% by a whisker, after 5.1% in March, taking the total customer base in the market to 58.4m and penetration to 34.7% from 33.0% a month earlier. A total of 10.0m new customers were added in the first four months of 2007, these being shared almost equally between the market's four largest operators. more
Related Tags: china-unicom, docomo, ufone, mobilink, 3m
Mediocre December for Pakistan Doesn't Spoil Impressive 2006
After a remarkable year of growth, Pakistan's mobile market finished 2006 with a total of 48.3m customers, equivalent to a penetration rate of 28.8%, according to the latest data from the Pakistan Telecommunications Authority (PTA). A total of 26m net new customers adopted the mobile services of one of Pakistan's six operators during the year, giving the market an equally impressive proportionate growth rate of 123% between December 2005 and December 2006. more
Related Tags: ufone, pakistan-telecommunications-authority, millicom
PTA Pakistan September 2006 Customer Numbers
Another 2.33m net new mobile customers joined the fast expanding ranks in Pakistan in the month of September, taking the country's total subscriber base to over 41.5m. With average monthly net additions for the 12 months to 30th September 2006 standing at 2.05m, customer base growth for year amounted to 145.4%, down from 167.5% for the year to 30th June. more
Related Tags: orascom-telecom, pakistan-telecommunications-authority