Friday, June 29, 2007

Singtel Takes 30 % of Waridtel Shares

Singapore Telecommunications (SingTel) has announced that it is buying a 30% stake in Pakistan's Warid Telecom for an estimated US$758 million.
In just two years from its commercial launch in 2005, Warid Telecom has reached nearly 9.7 million in reported subscriber numbers, representing an estimated market share of 16.6%, and making it the third largest mobile operator in Pakistan, as of April 2007.
With a large population in excess of 160 million growing at over 2 per cent per annum, and a young median age of 20 years, Pakistan represents the sixth largest population base in the world. With a current low mobile penetration rate of 36 per cent, and a strong regulatory regime, the Pakistani cellular market is one of the most attractive in the world and has recently attracted sustained interest from international telecom operators.
SingTel will invest US$758 million (subject to closing adjustments on completion of the transaction) to acquire a 30% stake in Warid Telecom, valuing the company at an enterprise value of US$2.9 billion. The purchase will be satisfied through SingTel's internal and/or external sources of funds.
Warid Telecom is part of the Abu Dhabi Group, led by HH Sheikh Nahayan Mabarak Al Nahayan, a senior member of the Emirate of Abu Dhabi's ruling family.
Including Warid Telecom, SingTel, together with its associated companies, will have a major presence in eight regional cellular markets with a total of more than 130 million subscribers.
SingTel's Group Chief Executive Officer, Ms. Chua Sock Koong, said: "SingTel has made substantial investments in markets with high growth potential in South Asia, such as India and Bangladesh. Warid Telecom in Pakistan is a natural fit. It is also an attractive business with strong brand recognition. The management of Warid Telecom has established an impressive operational track record, turning EBITDA-positive in only 17 months after its commercial launch. We see strong upside in terms of the company's performance and look forward to its continued contribution towards the development of mobile communications in Pakistan."

Wednesday, June 27, 2007

SingTel to take 30 % of Warid

Singapore Telecommuncations (SingTel) is set to acquire a significant take in one of Pakistan's leading mobile phone operators, The Financial Times said on Tuesday.
Citing people familiar with the situation, the report said SingTel has emerged as the frontrunner and is in advanced talks to purchase about 30 per cent of Warid.
"A deal between SingTel and Warid could be signed as early as next month," a source familiar with the talks was quoted as saying. Warid said it was assessing a number of offers.
NTM of South Africa and Vodafone of the UK have also expressed interest in acquiring a stake in Warid, the report said, although SingTel is said to be the strong favourite.
SingTel's investments include stakes in operations in Thailand, Indonesia and Australia and a 30 per cent holding in Bharti, India's leading mobile phone group.
Warid is owned by the Abu Dhabi Group, which began operations in Pakistan two years ago.

Monday, June 25, 2007

10 Common mistakes in CV

It's deceptively easy to make mistakes on your CV and exceptionally difficult to repair the damage once an employer gets it. So prevention is critical, especially if you've never written one before. Here are the most common pitfalls and how you can avoid them.

1. Typos and Grammatical Errors Your CV needs to be grammatically perfect. If it isn't, employers will read between the lines and draw not-so-flattering conclusions about you, like: "This person can't write," or "This person obviously doesn't care."
2. Lack of Specifics Employers need to understand what you've done and accomplished. For example:
Worked with employees in a restaurant setting. Recruited, hired, trained and supervised more than 20 employees in a restaurant with £2 million in annual sales. Both of these phrases could describe the same person, but clearly the second one's details and specifics will more likely grab an employer's attention.
3. Attempting One Size Fits All : Whenever you try to develop a one-size-fits-all CV to send to all employers, you almost always end up with something employers will toss in the recycle bin. Employers want you to write a CV specifically for them. They expect you to clearly show how and why you fit the position in a specific organisation.
4. Highlighting Duties Instead of Accomplishments : It's easy to slip into a mode where you simply start listing job duties on your resume. For example:
Attended group meetings and recorded minutes. Worked with children in a day-care setting. Updated departmental files. Employers, however, don't care so much about what you've done as what you've accomplished in your various activities. They're looking for statements more like these:
Used laptop computer to record weekly meeting minutes and compiled them in a Microsoft Word-based file for future organisational reference. Developed three daily activities for preschool-age children and prepared them for a 10-minute holiday program performance. Reorganised 10 years' worth of unwieldy files, making them easily accessible to department members.
5. Going on Too Long or Cutting Things Too Short
Despite what you may read or hear, there are no real rules governing the length of your CV. Why? Because human beings, who have different preferences and expectations where resumes are concerned, will be reading it.
That doesn't mean you should start sending out five-page CVs, of course. Generally speaking, you usually need to limit yourself to a maximum of two pages. But don't feel you have to use two pages if one will do. Conversely, don't cut the meat out of your resume simply to make it conform to an arbitrary one-page standard.
6. A Bad Objective
Employers do read your CV¢s objective statement, but too often they plough through vague pufferies like, "Seeking a challenging position that offers professional growth." Give employers something specific and, more importantly, something that focuses on their needs as well as your own. Example: "A challenging entry-level marketing position that allows me to contribute my skills and experience in fund-raising for nonprofits."
7. No Action Verbs Avoid using phrases like "responsible for." Instead, use action verbs: "Resolved user questions as part of an IT help desk serving 4,000 students and staff."
8. Leaving Off Important Information You may be tempted, for example, to eliminate mention of the jobs you've taken to earn extra money for school. Typically, however, the soft skills you've gained from these experiences (e.g., work ethic, time management) are more important to employers than you might think.
9. Visually Too Busy If your CV is wall-to-wall text featuring five different fonts, it will most likely give the employer a headache. So show your CV to several other people before sending it out. Do they find it visually attractive? If what you have is hard on the eyes, revise.
10. Incorrect Contact Information I once worked with a student whose CV seemed incredibly strong, but he wasn't getting any bites from employers. So one day, I jokingly asked him if the phone number he'd listed on his CV was correct. It wasn't. Once he changed it, he started getting the calls he'd been expecting. Moral of the story: Double-check even the most minute, taken-for-granted details -- sooner rather than later.

Friday, June 22, 2007

Warid Telecom on BID

FROM THE ECONOMIST INTELLIGENCE UNIT
Singtel, Vodafone and MTC are amongst potential bidders for a minority stake in Warid Telecom in the latest round of regional mobile sector consolidation.
Big is best continues to be the mantra driving the consolidation of the Middle East, Asia and African telecommunications market as Warid Telecom prepares to become the latest medium sized mobile network operator to link up with a larger international company. A minority share in the company, which operates mobile networks in Pakistan and Bangladesh, is set to be sold with potential bidders including Kuwait's Mobile Telecommunications Company (MTC), the UK giant Vodafone, and Singaporean operator Singtel.
The move comes following a decline in Warid's performance in its key Pakistani market in recent months, taking the gloss off its highly successful initial launch in 2005 in which it added over four million subscribers in the first year of operations alone. The company will shortly be relegated to fourth place by Telenor Pakistan if current trends persist, and it faces increasing competition from a revitalised Paktel, the fifth placed operator recently purchased by China Mobile after years of neglect in the hands of Millicom International Cellular.
Having renamed its new acquisition CM Pak, China Mobile immediately outlined a US$400 million network investment programme and a target of twenty million subscriptions, with the scale of its ambitions highlighting the limitations of Warid's position as the only significant Pakistani operator without a major international mobile operator as either full or part owner. Currently privately owned by the UAE based Abu Dhabi group, a holding company for the investments for Abu Dhabi's royal family, the addition of a foreign partner has the potential to arrest the company's slide through greater economies of scale in equipment and marketing costs, cheaper access to capital, and improvements in management.
Pakistani Mobile Market Summary
International Partner (% ownership)
Total Subscribers (million)
Total Subscribers (million)
Market share
April 07
Mobilink
Orascom (100%)
43.2%
Ufone
Etisalat (26%)
21.4%
Warid Telecom
Abu Dhabi Group (100%)
16.6%
Telenor Pakistan
Telenor (100%)
16.4%
CMPak (formerly Paktel)
China Mobile (88.9%)
1.7%
Overseas Aid
A major partner could also help Warid realise its international expansion plans, which saw it launch mobile services in Bangladesh in May 2007, and acquire licences to offer mobile services in Uganda and Congo (Brazzaville) last year. The company is coming late to each of these markets, as the sixth mobile operator in Bangladesh, the fifth in Uganda, and the fourth in Congo, with the inevitable consequence of higher initial infrastructure and marketing costs as the company seeks to compete with well entrenched incumbent operators.
Warid already appears to be having difficulty repeating the early success of its Pakistani launch in the crowded Bangladeshi market. A lukewarm consumer response has been reported by the local media, with higher than expected tariffs and distribution problems criticised, although the company itself reports taking on 150,000 subscriptions in the first week, which it claims is a record for the launch of a new mobile service in the country.
Having already laid out US$450 million in licence fees and infrastructure costs in Bangladesh, Warid is to invest a further US$300 million over the next three years in pursuit of its objective of reaching ten million subscribers in 2009. There is undoubtedly room for growth given the Bangladeshi market's relatively low penetration rate of under 20%, and with subscriptions set to double to around forty million over the next three years. Meanwhile its brand new 2.5G network will give it a substantial advantage over its competitors in terms of value added services and network quality. However, Warid's target requires it to capture around 50% of all new subscriptions and looks over ambitious in what is a highly competitive market, particularly given the company's failure to sustain its initially strong performance in the Pakistani market.
A Good Time to Sell
With little value to be found in further international expansion, the Abu Dhabi Group has chosen the right time to pursue the benefits of consolidation, particularly while its networks still offer potential for rapid growth, and with emerging market mobile telecom asset valuations sky high. Warid's operational presence in two large fast growing South Asian markets makes it an attractive investment proposition and it will have no shortage of potential suitors.
Vodafone appears a possible candidate having already gained a presence in the neighbouring Indian market with the acquisition of Essar earlier this year, but it may be put off by Warid's stated desire to maintain its brand identity and overall control. Meanwhile, SingTel's position is complicated by the fact that it is already active in the Bangladeshi mobile market with a 45% stake in Pacific Bangladesh Telecom Ltd (PBTL), the operator of the country's third largest network CityCell. However, if permitted by the regulatory authorities, a partnership would benefit both companies. Warid would receive a ready made Bangladeshi customer base of over 1.2 million, while SingTel would be able to migrate its customers from CityCell's current CDMA network to Warid's more up-to-date and cheaper GSM infrastructure.
Alternatively, a partnership with a fast growing Middle Eastern operator such as MTC would provide business and cultural synergies with Warid's Arab owners, and the Kuwaiti operator will be tempted by the prospect of gaining a foothold in the South Asian market. However, having recently paid over US$6 billion for the third Saudi mobile licence its ambitions may be spent for now.
A number of other Gulf state telecoms companies are also pursuing opportunities to expand in the region, although on a smaller scale. These include Qatar Telecom, which announced the acquisition of Pakistani WiMAX operator Burraq Telecom for US$12.3m last week, and Omantel, which announced that it is in negotiations to buy a similar Pakestani company, Worldcall, two day later. But the joker in the pack is the region's sleeping giant, the Saudi Telecom Company, which is yet to invest abroad. Its international ambitions were reaffirmed on May 23rd in a statement by company chief executive Saud Al Duweish committing the company to generate 10% of its revenues from abroad by 2010. A bid for Warid would be an impressive start.
SOURCE: INDUSTRY BRIEFING

Tuesday, June 12, 2007

Engineering Job Search

Any how if you yet decided to get job (even reading my wonder full article about not on job ) then its very important to choose right recruiter.I have good experience dealing with them and I will describe there goods and bads shortly

Friday, June 8, 2007

Summer Vocation

How to spend your summer vocation

Wahts best possible idea

All of you invited to discuss this.......

Thursday, June 7, 2007

10 reasons not to get on job

Here are some reasons you should do everything in your power to avoid getting a job:
1. Income for dummies.
Getting a job and trading your time for money may seem like a good idea. There’s only one problem with it. It’s stupid! It’s the stupidest way you can possibly generate income! This is truly income for dummies.
Why is getting a job so dumb? Because you only get paid when you’re working. Don’t you see a problem with that, or have you been so thoroughly brainwashed into thinking it’s reasonable and intelligent to only earn income when you’re working? Have you never considered that it might be better to be paid even when you’re not working? Who taught you that you could only earn income while working? Some other brainwashed employee perhaps?
Don’t you think your life would be much easier if you got paid while you were eating, sleeping, and playing with the kids too? Why not get paid 24/7? Get paid whether you work or not. Don’t your plants grow even when you aren’t tending to them? Why not your bank account?
Who cares how many hours you work? Only a handful of people on this entire planet care how much time you spend at the office. Most of us won’t even notice whether you work 6 hours a week or 60. But if you have something of value to provide that matters to us, a number of us will be happy to pull out our wallets and pay you for it. We don’t care about your time — we only care enough to pay for the value we receive. Do you really care how long it took me to write this article? Would you pay me twice as much if it took me 6 hours vs. only 3?
Non-dummies often start out on the traditional income for dummies path. So don’t feel bad if you’re just now realizing you’ve been suckered. Non-dummies eventually realize that trading time for money is indeed extremely dumb and that there must be a better way. And of course there is a better way. The key is to de-couple your value from your time.
Smart people build systems that generate income 24/7, especially passive income. This can include starting a business, building a web site, becoming an investor, or generating royalty income from creative work. The system delivers the ongoing value to people and generates income from it, and once it’s in motion, it runs continuously whether you tend to it or not. From that moment on, the bulk of your time can be invested in increasing your income (by refining your system or spawning new ones) instead of merely maintaining your income.
This web site is an example of such a system. At the time of this writing, it generates about $9000 a month in income for me (update: $40,000 a month as of 10/31/06), and it isn’t my only income stream either. I write each article just once (fixed time investment), and people can extract value from them year after year. The web server delivers the value, and other systems (most of which I didn’t even build and don’t even understand) collect income and deposit it automatically into my bank account. It’s not perfectly passive, but I love writing and would do it for free anyway. But of course it cost me a lot of money to launch this business, right? Um, yeah, $9 is an awful lot these days (to register the domain name). Everything after that was profit.
Sure it takes some upfront time and effort to design and implement your own income-generating systems. But you don’t have to reinvent the wheel — feel free to use existing systems like ad networks and affiliate programs. Once you get going, you won’t have to work so many hours to support yourself. Wouldn’t it be nice to be out having dinner with your spouse, knowing that while you’re eating, you’re earning money? If you want to keep working long hours because you enjoy it, go right ahead. If you want to sit around doing nothing, feel free. As long as your system continues delivering value to others, you’ll keep getting paid whether you’re working or not.
Your local bookstore is filled with books containing workable systems others have already designed, tested, and debugged. Nobody is born knowing how to start a business or generate investment income, but you can easily learn it. How long it takes you to figure it out is irrelevant because the time is going to pass anyway. You might as well emerge at some future point as the owner of income-generating systems as opposed to a lifelong wage slave. This isn’t all or nothing. If your system only generates a few hundred dollars a month, that’s a significant step in the right direction.
2. Limited experience.
You might think it’s important to get a job to gain experience. But that’s like saying you should play golf to get experience playing golf. You gain experience from living, regardless of whether you have a job or not. A job only gives you experience at that job, but you gain ”experience” doing just about anything, so that’s no real benefit at all. Sit around doing nothing for a couple years, and you can call yourself an experienced meditator, philosopher, or politician.
The problem with getting experience from a job is that you usually just repeat the same limited experience over and over. You learn a lot in the beginning and then stagnate. This forces you to miss other experiences that would be much more valuable. And if your limited skill set ever becomes obsolete, then your experience won’t be worth squat. In fact, ask yourself what the experience you’re gaining right now will be worth in 20-30 years. Will your job even exist then?
Consider this. Which experience would you rather gain? The knowledge of how to do a specific job really well — one that you can only monetize by trading your time for money – or the knowledge of how to enjoy financial abundance for the rest of your life without ever needing a job again? Now I don’t know about you, but I’d rather have the latter experience. That seems a lot more useful in the real world, wouldn’t you say?
3. Lifelong domestication.
Getting a job is like enrolling in a human domestication program. You learn how to be a good pet.
Look around you. Really look. What do you see? Are these the surroundings of a free human being? Or are you living in a cage for unconscious animals? Have you fallen in love with the color beige?
How’s your obedience training coming along? Does your master reward your good behavior? Do you get disciplined if you fail to obey your master’s commands?
Is there any spark of free will left inside you? Or has your conditioning made you a pet for life?
Humans are not meant to be raised in cages. You poor thing…
4. Too many mouths to feed.
Employee income is the most heavily taxed there is. In the USA you can expect that about half your salary will go to taxes. The tax system is designed to disguise how much you’re really giving up because some of those taxes are paid by your employer, and some are deducted from your paycheck. But you can bet that from your employer’s perspective, all of those taxes are considered part of your pay, as well as any other compensation you receive such as benefits. Even the rent for the office space you consume is considered, so you must generate that much more value to cover it. You might feel supported by your corporate environment, but keep in mind that you’re the one paying for it.
Another chunk of your income goes to owners and investors. That’s a lot of mouths to feed.
It isn’t hard to understand why employees pay the most in taxes relative to their income. After all, who has more control over the tax system? Business owners and investors or employees?
You only get paid a fraction of the real value you generate. Your real salary may be more than triple what you’re paid, but most of that money you’ll never see. It goes straight into other people’s pockets.
What a generous person you are!
5. Way too risky.
Many employees believe getting a job is the safest and most secure way to support themselves.
Morons.
Social conditioning is amazing. It’s so good it can even make people believe the exact opposite of the truth.
Does putting yourself in a position where someone else can turn off all your income just by saying two words (”You’re fired”) sound like a safe and secure situation to you? Does having only one income stream honestly sound more secure than having 10?
The idea that a job is the most secure way to generate income is just silly. You can’t have security if you don’t have control, and employees have the least control of anyone. If you’re an employee, then your real job title should be professional gambler.
6. Having an evil bovine master.
When you run into an idiot in the entrepreneurial world, you can turn around and head the other way. When you run into an idiot in the corporate world, you have to turn around and say, “Sorry, boss.”
Did you know that the word boss comes from the Dutch word baas, which historically means master? Another meaning of the word boss is “a cow or bovine.” And in many video games, the boss is the evil dude that you have to kill at the end of a level.
So if your boss is really your evil bovine master, then what does that make you? Nothing but a turd in the herd.
Who’s your daddy?
7. Begging for money.
When you want to increase your income, do you have to sit up and beg your master for more money? Does it feel good to be thrown some extra Scooby Snacks now and then?
Or are you free to decide how much you get paid without needing anyone’s permission but your own?
If you have a business and one customer says “no” to you, you simply say “next.”
8. An inbred social life.
Many people treat their jobs as their primary social outlet. They hang out with the same people working in the same field. Such incestuous relations are social dead ends. An exciting day includes deep conversations about the company’s switch from Sparkletts to Arrowhead, the delay of Microsoft’s latest operating system, and the unexpected delivery of more Bic pens. Consider what it would be like to go outside and talk to strangers. Ooooh… scary! Better stay inside where it’s safe.
If one of your co-slaves gets sold to another master, do you lose a friend? If you work in a male-dominated field, does that mean you never get to talk to women above the rank of receptionist? Why not decide for yourself whom to socialize with instead of letting your master decide for you? Believe it or not, there are locations on this planet where free people congregate. Just be wary of those jobless folk — they’re a crazy bunch!
9. Loss of freedom.
It takes a lot of effort to tame a human being into an employee. The first thing you have to do is break the human’s independent will. A good way to do this is to give them a weighty policy manual filled with nonsensical rules and regulations. This leads the new employee to become more obedient, fearing that s/he could be disciplined at any minute for something incomprehensible. Thus, the employee will likely conclude it’s safest to simply obey the master’s commands without question. Stir in some office politics for good measure, and we’ve got a freshly minted mind slave.
As part of their obedience training, employees must be taught how to dress, talk, move, and so on. We can’t very well have employees thinking for themselves, now can we? That would ruin everything.
God forbid you should put a plant on your desk when it’s against the company policy. Oh no, it’s the end of the world! Cindy has a plant on her desk! Summon the enforcers! Send Cindy back for another round of sterility training!
Free human beings think such rules and regulations are silly of course. The only policy they need is: “Be smart. Be nice. Do what you love. Have fun.”
10. Becoming a coward.
Have you noticed that employed people have an almost endless capacity to whine about problems at their companies? But they don’t really want solutions – they just want to vent and make excuses why it’s all someone else’s fault. It’s as if getting a job somehow drains all the free will out of people and turns them into spineless cowards. If you can’t call your boss a jerk now and then without fear of getting fired, you’re no longer free. You’ve become your master’s property.
When you work around cowards all day long, don’t you think it’s going to rub off on you? Of course it will. It’s only a matter of time before you sacrifice the noblest parts of your humanity on the altar of fear: first courage… then honesty… then honor and integrity… and finally your independent will. You sold your humanity for nothing but an illusion. And now your greatest fear is discovering the truth of what you’ve become.
I don’t care how badly you’ve been beaten down. It is never too late to regain your courage. Never!
Still want a job?
If you’re currently a well-conditioned, well-behaved employee, your most likely reaction to the above will be defensiveness. It’s all part of the conditioning. But consider that if the above didn’t have a grain of truth to it, you wouldn’t have an emotional reaction at all. This is only a reminder of what you already know. You can deny your cage all you want, but the cage is still there. Perhaps this all happened so gradually that you never noticed it until now… like a lobster enjoying a nice warm bath.
If any of this makes you mad, that’s a step in the right direction. Anger is a higher level of consciousness than apathy, so it’s a lot better than being numb all the time. Any emotion — even confusion — is better than apathy. If you work through your feelings instead of repressing them, you’ll soon emerge on the doorstep of courage. And when that happens, you’ll have the will to actually do something about your situation and start living like the powerful human being you were meant to be instead of the domesticated pet you’ve been trained to be.
Happily jobless
What’s the alternative to getting a job? The alternative is to remain happily jobless for life and to generate income through other means. Realize that you earn income by providing value — not time – so find a way to provide your best value to others, and charge a fair price for it. One of the simplest and most accessible ways is to start your own business. Whatever work you’d otherwise do via employment, find a way to provide that same value directly to those who will benefit most from it. It takes a bit more time to get going, but your freedom is easily worth the initial investment of time and energy. Then you can buy your own Scooby Snacks for a change.
And of course everything you learn along the way, you can share with others to generate even more value. So even your mistakes can be monetized.
Here are some free resources to help you get started:
One of the greatest fears you’ll confront is that you may not have any real value to offer others. Maybe being an employee and getting paid by the hour is the best you can do. Maybe you just aren’t worth that much. That line of thinking is all just part of your conditioning. It’s absolute nonsense. As you begin to dump such brainwashing, you’ll soon recognize that you have the ability to provide enormous value to others and that people will gladly pay you for it. There’s only one thing that prevents you from seeing this truth — fear.
All you really need is the courage to be yourself. Your real value is rooted in who you are, not what you do. The only thing you need actually do is express your real self to the world. You’ve been told all sort of lies as to why you can’t do that. But you’ll never know true happiness and fulfillment until you summon the courage to do it anyway.
The next time someone says to you, “Get a job,” I suggest you reply as Curly did: ”No, please… not that! Anything but that!” Then poke him right in the eyes.
You already know deep down that getting a job isn’t what you want. So don’t let anyone try to tell you otherwise. Learn to trust your inner wisdom, even if the whole world says you’re wrong and foolish for doing so. Years from now you’ll look back and realize it was one of the best decisions you ever made.

Monday, June 4, 2007

Telecom scope world wide

Pakistan Telecom Sector Growth

Facts and Fears :

Today Pkaistan is rocking world Telecom market by showeing termendous growth in Telecom sector and this is significant to achieve this growth eeven country is considere as low incom company. I will like share my views experinecs and thoughts with other mates to just take part in this ongoing revolution.