China Mobile Buys Paktel for Us$460 Million and Remaned as CMPAK Ltd.
China Mobile Ltd., the country's biggest mobile-phone operator by subscribers and also the biggest telecummunication company in the world, bought 100% of Pakistan telecommunications operator Paktel Ltd. for US$460 million and renamed it CMPak Ltd. Paktel is Pakistan's fifth largest mobile cellular cmpany.
It said the deal was subject to regulatory approval but was expected to be completed by late February.
"The parent company plans to invest US$400 million in Pakistan this year to expand the (CMPak) networks," China Mobile Ltd.'s chairman, Wang Jianzhou, said after the company's annual general meeting.
Millicom has operated in Pakistan since 1990. As of Sept. 30, Paktel had 1.53 million total subscribers, up 62 percent from 944,718 the year prior, placing it fifth in terms of active subscribers.
Wang said China Mobile Ltd. doesn't have a timetable to buy CMPak.China Mobile Communications Corp. said in March it had bought 88.9% of Paktel.
business Empires
Thursday, February 28, 2008
Thursday, February 14, 2008
All about Sir Richerd Brenson....The Founder Of Virgin Group Of Companies
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About Bill Gates
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Virgin Group Of Stores:
Virgin Group Ltd is a Virgin brand of British celebrity business tycoon Sir Richard Branson. The core business areas are travel, entertainment and lifestyle, among others. Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however Virgin's business and trading activities date to the 1970s.Virgin Group have more then 360 companies.
Although Branson retains complete ownership and control of the Virgin Brand, the commercial set up of companies using it is varied and complex. The group is sometimes perceived as a conglomerate, but this is not in fact the case. Each of the companies operating under the Virgin brand are separate entities, with some being wholly owned by Branson, while he holds minority or majority stakes in others. Occasionally, he simply licenses the brand to a company that has purchased a division from him, such as Virgin Radio (now part of SMG plc) and Virgin Music (now part of EMI). With a few exceptions, all of the companies began as wholly owned Virgin subsidiaries.
Although Branson retains complete ownership and control of the Virgin Brand, the commercial set up of companies using it is varied and complex. The group is sometimes perceived as a conglomerate, but this is not in fact the case. Each of the companies operating under the Virgin brand are separate entities, with some being wholly owned by Branson, while he holds minority or majority stakes in others. Occasionally, he simply licenses the brand to a company that has purchased a division from him, such as Virgin Radio (now part of SMG plc) and Virgin Music (now part of EMI). With a few exceptions, all of the companies began as wholly owned Virgin subsidiaries.
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Sir Richart branson,
Virgin,
Virgin MegaStores
All About MicroSoft Corporations:
Microsoft Corporation is an American multinational computer technology corporation.The World richest person Bill Gates is the head of this company. It have more then 79,000 employees how are working in 102 countries and their global annual revenue is US $51.12 billion as of 2007.
It develops, manufactures, licenses and supports a wide range of software products for computing devices.their Headquarter is in Redmond, Washington, USA, its best selling products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software. These products have prominent positions in the desktop computer market, with market share estimates as high as 90% or more as of 2003 for Microsoft Office and 2006 for Microsoft Windows.
Founded to develop and sell BASIC interpreters for the Altair 8800, Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s. The company released an initial public offering (IPO) in the stock market, which, due to the ensuing rise of the stock price, has made four billionaires and an estimated 12,000 millionaires from Microsoft employees.
Microsoft has footholds in other markets besides operating systems and office suites, with assets such as the MSNBC cable television network, the MSN Internet portal, and the Microsoft Encarta multimedia encyclopedia. The company also markets both computer hardware products such as the Microsoft mouse and home entertainment products such as the Xbox, Xbox 360, Zune and MSN TV. Known for what is generally described as a developer-centric business culture, Microsoft has historically given customer support over Usenet newsgroups and the World Wide Web, and awards Microsoft MVP status to volunteers who are deemed helpful in assisting the company's customers. The company's official website is one of the most visited on the Internet, receiving more than 2.4 million unique page views per day according to Alexa.com, who ranked the site 18th amongst all websites for traffic rank on September 12, 2007.
It develops, manufactures, licenses and supports a wide range of software products for computing devices.their Headquarter is in Redmond, Washington, USA, its best selling products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software. These products have prominent positions in the desktop computer market, with market share estimates as high as 90% or more as of 2003 for Microsoft Office and 2006 for Microsoft Windows.
Founded to develop and sell BASIC interpreters for the Altair 8800, Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s. The company released an initial public offering (IPO) in the stock market, which, due to the ensuing rise of the stock price, has made four billionaires and an estimated 12,000 millionaires from Microsoft employees.
Microsoft has footholds in other markets besides operating systems and office suites, with assets such as the MSNBC cable television network, the MSN Internet portal, and the Microsoft Encarta multimedia encyclopedia. The company also markets both computer hardware products such as the Microsoft mouse and home entertainment products such as the Xbox, Xbox 360, Zune and MSN TV. Known for what is generally described as a developer-centric business culture, Microsoft has historically given customer support over Usenet newsgroups and the World Wide Web, and awards Microsoft MVP status to volunteers who are deemed helpful in assisting the company's customers. The company's official website is one of the most visited on the Internet, receiving more than 2.4 million unique page views per day according to Alexa.com, who ranked the site 18th amongst all websites for traffic rank on September 12, 2007.
Labels:
Bill Gaes,
Business Empires,
MicroSoft,
MicroSoft Corporation
Friday, February 1, 2008
Learn Latest Sports Updates::
.In every life,Sports is very important.We know some peoples are like to know about football,some like to know about Cricket and some like to watch Tennis,Hockey,basketball and others.In short every person have different taste.so I know one site related to Sports.and I think this is the best.here is the link.Crickete for every person who like to know about Sports.In this site,you also learn full details about Sports history and who is the best players to watch in varoius Sports.so please visit this great site.and I think you enjoy very much.So this site Crickete is a complete package for every person who like to watch some real Sports news.So please review this great site.http://www.Crickete.blogspot.com
Pakistan tourism:have a fun
In every life,tourism is very important.We know some peoples are like to watch historical places,some like to watch seenaries and some like to watch hidden treasures,forest,sees and others.In short every person have different taste.some like to watch cultures of diferent countries like India,Pakistan,China,and japan etc…so I know one site related to Pakistani tourism.and I think this is the best.here is the link.pakitour for every person who like to learn about Pakistan.In this site,you also learn full details about Pakistan’s history and which are the best places to see in Pakistan like “Lahore fort”,”Minar-e-Pakistan”,2nd Largest Mountain in World “K2″,largest mosque in world “Faisal mosque”.and many more.so please visit Pakistan.and I think Pakistan is the world best country to visit.So this site pakitour is a complete package for every person who like to watch some real tourism.So please review this great site.http://www.pakitour.blogspot.com
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