With the launch of Mobilink and its rapid success in 1998, both Instaphone and Paktel floundered and lost their dominant market share.
Millicom installed a new management team headed by John Tumelty, former CEO of Instaphone, and Chief financial officer David Ordman.
[citation needed] On March 31, 2005, Paktel held approximately 340,000 GSM subscribers and its network comprised 300 cell sites, covering about 45% of the population.
By November 2005, Paktel had 1 million customer base and a market share of 9%, with subscriber count increasing at a rate of 100,000 per month.
Pakistani authorities had refused to delay payment of a $29 million licence installment and had not given Paktel permanent access to part of the frequency spectrum.
Announcing its pullout, Millicom said it decided against making significant investments in Pakistan because of tough market conditions.
[6][7] On January 22, 2007, Millicom International Cellular S.A. stated that it would sell its 88.86 percent stake in Paktel to China Mobile for $284 million, which includes the repayment of intercompany debt.
Pakistan Telecommunication Authority said that it might resolve the frequency issue with China Mobile, as it was one of the main reason for pullout by Millicom International Cellular S.A.
The call data was used to be stored on magnetic tapes, sent to the United Kingdom for printing and bills were then dispatched to the customers after a delay of 45 days.
[3] Paktel had customer service centres in major cities and country-wide network of franchises further backed by retail channels.
Paktel was the first company to waive off national roaming and incoming calls charges to compete with the rival Mobilink and Ufone.
Listen to the call increase your credit; forget the rest – Urdu: کال سنو بیلنس بڑھاؤ، باقی سب بھول جاؤ) RED Communication Arts.