Telenor group is interested to sell its shares in Pakistan and is holding talks with the China Mobile.
Though both the operators have denied any such development, sources said that negotiations were being held secretly at the group level.
The Telenor group has already focused on India for investment, as it recently sought to buy about 67 per cent shares of Unitech Wireless and telecom arm of Unitech Ltd in India.
China Mobile’s first international business venture, Zong, currently has over six million subscribers.
The number of cell-phone users in Pakistan has reached over 90 million. Though Average Revenue Per User (ARPU) shows declining trend over the last few years, aggressive marketing and expansion of network has enabled mobile operators to grab more subscribers on their networks.
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