Introduction of Zong

Zong or China Mobile Pakistan is a pan Pakistan mobile

network operator headquartered in Islamabad, which offers voice
and data services ranging from postpaid and prepaid plans, 2G,
3G and 4G services, mobile banking to fixed telephony. It is the
first oversea setup of China Mobile through acquisition of a
license from Millicom to operate a GSM network in Pakistan in
2008. Zong is a 100% subsidiary of China Mobile.
It is Pakistans second largest GSM mobile service provider and
third largest mobile service in terms of subscriber base of over
25.6 million. It has a market share of 19% among cellular
operators in the country.
Zong commenced operations as Paktel by Cable & Wireless in
1991. It was the first company granted a free license to carry
out cellular phone services in Pakistan. It carried
out AMPS services until 2004, when the company launched GSM
services.
In 2003, Millicom Corporation, who at that time were majority
owners of Instaphone, bought Paktel from Cable & Wireless.
Millicom installed a new management team headed by John
Tumelty, former CEO of Instaphone, and Chief Financial Officer
David Ordman.
On January 22, 2007, Millicom International Cellular S.A. stated
that it would sell its 88.86 percent stake in Paktel Limited to China
Mobile for $284 million, which includes the repayment of
intercompany debt. The sale implies an enterprise value for Paktel
of $460 million, Millicom said in its press release. Merrill Lynch
advised China Mobile on the transaction.

On 4 May 2007, Paktel Limited was renamed to China Mobile

Pakistan. On May 16, 2007 China Mobile announced that it had
increased its stake in CMPak to 100%.
On April 1, 2008 Paktel was rebranded to Zong.