China Mobile To Buy Warid Telecom

News: China Mobile's Pakistani subsidiary, which operates under the Zong brand, plans to buy a rival mobile network, reports Cellular-News. The subsidiary hired an investment bank to evaluate a bid for local rival Warid Telecom, which has been put up for sale by its owner, the Abu Dhabi Group. Zong has a customer base of 23mn, and with the acquisition of Warid Telecom, would increase this to 34mn and make it the country's second largest mobile network.

China Mobile To Buy Warid Telecom

News: China Mobile's Pakistani subsidiary, which operates under the Zong brand, plans to buy a rival mobile network, reports Cellular-News. The subsidiary hired an investment bank to evaluate a bid for local rival Warid Telecom, which has been put up for sale by its owner, the Abu Dhabi Group. Zong has a customer base of 23mn, and with the acquisition of Warid Telecom, would increase this to 34mn and make it the country's second largest mobile network.

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