Pakistan News

    0321 Warid Golden Numbers In Pakistan

  • CCP approves merger of Mobilink, Warid

    ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed merger of Mobilink and Warid...

    The assessment has been undertaken on the basis of extensive consultation with the merger parties, competitors and the Pakistan Telecommunication Authority (PTA)...

  • Mobilink, Warid Telecom announce merger

    It’s official – Pakistan’s telecom industry is about to witness a massive consolidation as the parent companies of Mobilink and Warid Telecom announced on Thursday that they had reached a merger agreement...

    A joint press release issued by both companies says Mobilink will first acquire 100 per cent of Warid’s shares in consideration for the Dhabi Group (Warid’s parent company) shareholders acquiring approximately 15pc of Mobilink...

  • Mobilink and Warid are now one happy family — but what’s in it for customers?

    KARACHI: The much-hyped merger of two telecommunication giants Mobilink and Warid last year was the first in Pakistan...

    But beyond the amalgamation of 50 million customers for both telcos, what is in it for subscribers?“Over 50 million customers in Pakistan will benefit from high-speed mobile telecommunications and digital mobile network,” reads a statement by Amsterdam-based Vimplecom, the international communications and technology...

  • Impact of Warid deal on Bank Alfalah

    Competition concerns aside, if the proposed deal goes through, VimpleCom’s Mobilink will acquire 100pc shares of the Dhabi Group’s Warid Telecom, with the Middle Eastern firm ending up with a 15pc stake in the combined entity...

    76pc stake (319m shares) in Warid...

  • Jazz, Warid consolidate franchise network

    KARACHI: More than a third of the nearly 700 franchise outlets of both Warid and Jazz will shut down as the two entities consolidate their franchise network after a merger last year...

    She said the combined strength of the permanent employees of both Warid and Jazz, including sales centre employees, is about 4,000...

  • Mobilink says it has met requirements for merger with Warid

    ISLAMABAD: Cellular service provider, Mobilink, told a parliamentary panel on Wednesday that it has closed off several dozen franchises and laid off employees following all the regulatory approvals for its merger with Warid Telecom...

    The company was questioned by the Senate Standing Committee on Information Technology about terminating the contracts of 263 franchises after it merged with Warid earlier this year...

  • Sacked Jazz-Warid employees stage protest

    LAHORE: A large number of employees have been rendered jobless following the closure of more than 200 Jazz-Warid franchise outlets across the country after the two entities decided to consolidate their networks...

    The sacked employees held a demonstration on Monday at Liberty Chowk in protest against the management’s decision and urged the Pakistan Telecommunication Authority to intervene...

  • Child labour increases in Pakistan while numbers drop internationally

    KARACHI: Pakistan ranks number three in the world with the highest prevalence of child and forced labour despite a significant decline in the number of child labourers recorded worldwide, it emerged at a seminar on Friday...

    Titled ‘Elimination of child labour in Pakistan’, the seminar was organised by the Society for the Protection of the Rights of the Child (Sparc) at the Sindh Boys Scouts Association’s headquarters...

  • Pakistan’s victory at Lord’s in numbers

    After a dramatic day four of the first Test against England, Misbah-ul-Haq-led Pakistan won their first Test in two decades at the iconic Lord’s Cricket Ground...

    Due to their phenomenal performances during the match, Pakistan’s Test skipper Misbah-ul-Haq and Yasir Shah made it to the honours board with the latter being named the Man-of-the-Match...

  • The numbers game: State of sports marketing in Pakistan, India

    KOLKATA: Pakistan has trailed its eastern neighbour in corporatising sports and roping in sponsors, says a top sports marketer in the country who blames its various federations and the government in equal measure for this...

    “Sponsorship in sports is still a far cry in Pakistan,” rues Naveed Haider Khan, marketing consultant to Pakistan Football Federation (PFF), which has had some success in hosting foreign teams in recent times... ...

  • Where does SME financing stand in Pakistan? Here are the numbers

    Any discussion on the lack of corporatisation in Pakistan finds its way to the lack of avenues of capital for entrepreneurs...

    Considering the importance of small and medium enterprises (SMEs) to Pakistan’s GDP — around 40 per cent — and their share in non-agriculture labour force at over 80pc, it’s not a segment that can be continuously ignored if broad-based development is desired...

  • Golden opportunity for Pakistan to win Test and series: Sallu

    KARACHI: “Our batsmen and bowlers have put Pakistan in the driving seat in Dhaka and this is a golden opportunity for our team to win the Test by an innings and clinch the series...

    Praising the entire team’s efforts in propelling Pakistan to the driving seat, Sallu said both Younis Khan and Azhar Ali batted superbly to lay the foundations for a huge total...

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