Warid | Telecom News Bulletin

Warid Telecom Pakistan Appoints Muneer Farooqui New CEO

11 March 2010

Warid Telecom (Pvt.) Ltd, the country’s most trusted and fastest growing cellular operator, announced that its Board of Directors have appointed Mr. Muneer Farooqui as company’s new Chief Executive Officer (CEO). Prior to the appointment he served as Chief Executive Officer of Warid Bangladesh. He has with him almost 20 years of experience mainly in [...]

WARID TELECOM PAKISTAN IS NOT BEING SOLD OFF

6 February 2010

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RECENTLY THERE HAVE BEEN MISPLACED NEWS ITEMS IN CERTAIN SECTION OF THE PRESS THAT WARID TELECOM PAKISTAN MAY BE UP FOR SALE BECAUSE OF THE SHRINKING INTEREST OF THE SPONSORS RELATING TO THE MARKET CONDITIONS IN PAKISTAN. WARID TELECOM PAKISTAN CATEGORICALLY AND UNEQUIVOCALLY DENIES SUCH REPORTS AND IMPRESSIONS. WARID TELECOM PAKISTAN IS NOT BEING SOLD OFF [...]

Cellular Industry Continued Subscriber Growth in 2009

4 February 2010

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The telecommunications sector continued to show impressive growth in 2009 as teledensity climbed to 63.5 per cent, mainly led by the cellular industry. According to Pakistan Telecommunication Authority’s data, the cellular industry continued to show subscriber growth in 2009, albeit slower than previous years, as users grew by 9 per cent to a record of 97.6 [...]

Warid Offload Sizeable Shareholding Along With Management Control Soon

4 February 2010

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The Abu Dhabi Group, an investment company led by members of the Royal Family, is in talks with several Pakistani telecommunications groups to sell a controlling stake in Warid Telecom in a deal that would create the largest mobile phone operator in the country. The company would not reveal the size of the stake or the [...]

Punjab Assebmly Banned Late Night Packages

3 February 2010

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Punjab Assembly today resolved to ban all the late night call packages across Punjab. After the strong arguments about how the late night packages were having the negative impact on the youth, the resolution was passed unanimously. It is worth mentioning here that almost all the cellular companies in Pakistan Mobilink, Telenor, Warid, Zong are offering [...]

Telecom Sector Showing Positive Trend – PTA Annual Report 2008-09

13 January 2010

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Out of the top four cellular players Ufone has been the biggest impetus behind the Cellular industry’s 17% growth as declared by PTA in its annual report for the year 2008-2009. Ufone’s is at the top with an astounding revenue growth of 46% during past year. The report states that cellular telecom sector in Pakistan maintained [...]

Warid GLOW ‘Pakistan Racer Hunt 2009’ Won by Hammad Riaz of Lahore

9 December 2009

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Hammad Riaz of Lahore won the finals of the nationwide campaign of the Pakistan Racer Hunt that was held at the prestigious Bahria Town in Lahore. Over 500 contestants from across the nation took part in the activity conducted by Racing Pakistan in an effort to promote motorsport in the nation and take the winner [...]

Tremendous Potential in Telecom Sector Despite Downtrend

28 November 2009

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The growth in cell phone sector has witnessed a bit squeezing trend as Pakistan Telecommunication Authority (PTA) started blocking millions of unregistered connections after the launch of SIM information system-668. Although the new system was introduced officially in mid-October, the subscriber’s based widened only by 10,452 in this month, which showed that users base may [...]

Cellular Subscribers Rose 6.3 Million in Fiscal Year 2008-09

22 November 2009

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Cellular subscribers rose 6.3 million in fiscal year 2008-09 as compared to 25 million net additions in 2007-08, suggesting that the saturation in the market, economic slowdown and heavy taxes could be major reasons for the slow growth, annual report of the Pakistan Telecommunication Authority (PTA) showed.

Warid Telecom Not Official Cellular Company of University of the Punjab

21 November 2009

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There are many IT related blogs and websites spreading the IT related rumors and controversies. Recently these websites have published on 19 Nov, 2009 that ” Warid Telecom becomes the official cellular company of Punjab University” without knowing the real facts of the MoU signed between the University of the Punjab and WaridTel Pakistan. If [...]

Telenor Open For In-Market Consolidation in Pakistan

20 November 2009

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Norwegian telecoms company Telenor (TEL.OL), which has operations in 13 countries in Europe and Asia, said it supported consolidation when asked about reports it was looking to buy a Pakistani rival. “We we are in Pakistan for the long term‚ ”finance director Trond Westlie said on Thursday at an investor conference. “We are not making acqusitions [...]

Cellphone Operators Reluctant to Adopt 3G Technology

15 November 2009

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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.

Telenor to Aquire 63 Percent Stakes in Warid Pakistan

14 November 2009

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Dhabi Group seems to have lost interest in Telecom business which it started with Warid Telecom Pvt Ltd, Pakistan back in 2005. The Source told that Telenor is ready to buy 63 percent shares in Warid Telecom, Pakistan against USD 1.3 billion. Dhabi Group will retain 7 percent shares in the company, while other 30 percent are with Singtel.

Telenor Compete in India, But Won’t Drive Price Cuts

14 November 2009

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Norwegian telecom firm Telenor, which aims to launch India operations by December, will price its call charges competitively but will not be the most aggressive, its chief executive said on Friday.

Zaffar Iqbal Chaudary Joined as GM HR Wateen Telecom

4 November 2009

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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.