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China Mobile to Invest $1.5b in Pakistan

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China Corporate News: China Mobile to Invest $1.5b in Pakistan
By YIN GUANG
Published: December 30, 2011 05:18 PM

China Mobile to Invest $1.5b in Pakistan
CMPak, a wholly-owned unit of China Mobile Ltd (NYSE: CHL, HKG: 0941), plans to invest $1.5 billion in Pakistan's 3G market in the next four years, CMPak CEO Fan Yunjun told Pakistani premier Yusuf Raza Gilani during a talk. CMPak, the fifth biggest wireless carrier in Pakistan, has 13.2 million local subscribers.

China Corporate News: China Mobile to Invest $1.5b in Pakistan
 

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