Wateen is energetically contributing toward Government of Pakistan’s (Information Technology Ministry) USF projects working for the development of telecom infrastructure in underserved areas of the country. Hitherto, very effectively Wateen has been obtained subsidies of nearly PKR 1.8 billion for OFC projects and PKR 1.0 billion for Broadband projects through participation in competitive biddings.
Reference to the blog ‘Wateen CEO resigns’ posted on your website, we would like to inform you that all such rumours are mere speculations and there is absolutely no truth in these statements.
It is confirmed now that Mr. Tariq Malik, CEO of Wateen Telecom has resigned from his position after shaky last 2 years of the company. Malik resignation was earlier rumored in the market due to terrible performance of Wateen couple of months back, when he was given a final chance to bring the company back to the track. These rumors came to true when he opted for leave then, reportedly due to illness.
Wateen Telecom, a Pakistani wireless broadband company controlled by the Abu Dhabi Group, will embark on an international roadshow within the next three months to raise 1.5 billion Pakistani rupees (Dh65.3 million) for future growth. Tariq Malik, the chief executive of Wateen Telecom, said the company was looking to expand its operations in Afghanistan and [...]
Wateen Telecom Limited (WTL) will formally apply to the Security and Exchange Commission of Pakistan (SECP) for getting itself listed at the Islamabad Stock Exchange (ISE). The consent was extended by the top management team of Wateen Telecom Limited (WTL) during a meeting with the members of ISE here Tuesday. The WTL management team was [...]
Universal Service Fund awarded telecom contracts worth Rs. 1.25 Billion for providing Broadband Internet in the un-served urban areas of Hazara Telecom Region (HTR) with PTCL and Wateen Telecom and Optic Fiber connectivity to un-served tehsils of Central Balochistan with Wateen Telecom. SEVP-Corporate Development-PTCL, Sikandar Naqi and General Manager-Wateen Telecom, Mazhar Qayum Butt signed these [...]
Third generation technology or what is popularly known as 3G provides typical services like wireless voice telephony and broadband wireless data, all in a mobile environment. With a capability for high-speed wireless data transfer, the 3G has enhanced and made possible a myriad of additional applications. Mobile network operators and telecommunications service providers the world over are embracing recently adopted 3G wireless standards in a bid to cater to the demand of emerging users and to offer new services to their customers. Cellular operators in Pakistan seem not in favour of acquiring 3G technology as they believe this is not the appropriate time for it. No GSM (global system for mobile) operator has so far adopted 3G technology in the country.
It has been reported that Wateen has appointed new General Manager for HR as per company sources. Zaffar Iqbal Chaudary has joined as GM HR, however, official announcement has not been made yet. We could not arrange official version from Wateen regarding this. However, it has been confirmed through multiple sources that Zaffar Iqbal has taken the charge.