Zong Acquired 51% Shares in Telenor Pakistan

According to insider sources, the Zong - Telenor deal has been signed and the news will be announced soon at an appropriate time. The final price of the deal has not been made public but Pro-Pakistan estimate it to be worth around $1.8 billion. What we really need to see is if Telenor and Zong will consolidate or stay separate. The case of consolidation seems strong but it will take some time before complete consolidation takes place. Consolidation is what was long expected in Pakistani telecom industry since it has already reached maturity and growth was not possible in the presence of 5 strong operators.

Let’s see how other companies like Ufone and Mobilink respond to this news. However, it is certain that the industry is going to see some killing competition in terms of prices if the PTA does not use its muscles to bring strong regulations. It is also worth mentioning here that it is the habit of Chinese companies to drop down prices to an extent that the competition is eliminated and once that is done, they create a monoply and rule the market.

Source = http://www.pro-pakistan.com/2009/08/13/zong-acquired-51-shares-in-telenor-pakistan/

If I can get Telenor's EDGE 2GB in 239Rs/Month or 4GB in 478/Month, I'd just love that :D Finally some decent speed at some decent price. My village gets stupid Vfone signals, bearable Warid signals and Full Zong signals. Telenor/Ufone/Mobilink are useless here.

I wonder what people will call zong now. The poor man's mobile operator just took over an uppity European one.

wooow great now may be they can get the 3g license as now they will have the infrastructure to handle 3g and we all know that when it comes to CHINA it means LOW PRICES...lets hope for the best...

now hoping for 3G Service in Pakistan

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now hoping for 3G Service in Pakistan

first let the EDGE service stable:)