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NetSol Signs Agreement with Chinese Bank CMBC

NetSol Signs Agreement with Chinese Bank CMBC

NetSol Technologies, Inc. “NetSol” (NASDAQ: NTWK) (NASDAQ DUBAI: NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that China Minsheng Bank Corp. Ltd “CMBC” subsidiary company, Minsheng Financial Leasing Co., Ltd “MSFL” has signed a contract for NetSol Technologies’ Financial Suite of leasing [...]

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China Govt. bans online gangster games

China Govt. bans online gangster games

China has banned websites featuring or publicizing online games that glorify gangs, obscenity or gambling — such as Electronic Arts’ “The Godfather” — and said it would severely punish any sites that “undermine morality and Chinese traditional culture.”“These games encourage people to deceive, loot and kill, and glorify gangsters’ lives. It has a bad influence [...]

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China Mobile going to buy Telenor Pakistan?

China Mobile going to buy Telenor Pakistan?

China Mobile is reportedly in talks with Norway’s Telenor concerning an acquisition of their Pakistani mobile network. Both companies are denying such development, yet sources told the local Dawn newspaper that negotiations were being held secretly at the group level.
According to some statistics, the combined customer base of China Mobile (NYSE: CHL)’s and Telenor’s Pakistani [...]

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Pakistan ranks 5th in Asia with 90 million Mobile Users

Pakistan ranks 5th in Asia with 90 million Mobile Users

The number of the users of mobile phone in Pakistan has reached from 0.3 million to about 90 million during the last eight years.
According to the Pakistan Telecommunication Authority (PTA), the ratio of mobile phone users all over the country has been increased from 0.22 per cent in 2000 to 54.70 per cent in June [...]

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China Mobile to spend US$10B on rural networks

China Mobile – the world’s largest operator by subscribers – will spend CNY70 billion (US$10.2 billion) on its rural network over the next three years, reports Dow Jones Newswires. The investment is a huge increase on expenditure on its rural network in the last five years, which totalled CNY19.5 billion. Most of the new expenditure [...]

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