Cellular Subscribers Surpasses 96m Mark, Again | Cellular subscribers in the country reached 96.23 million in February 2010, with teledensity hitting 58.70 percent. All cellular companies showed positive growth in February 2010 with overall industry growth of 0.86 percent compared to negative growth of 2.22 percent in January 2010. Mobilink topped the subscriber base with 31.30 million. | Continue Reading The Story | Wateen and IPO: Insight | Wateen’s IPO is showing good signs as of now. Company’s 19.8 million shares were sold with-in first two days, while company CEO said that strategic investors, banks and different investment houses have already under written the 110 million shares, therefore, there would be no question of under subscription of the company’s issue. | Continue Reading The Story | | |