LAHORE: Pakistan Mobile Communications Ltd (Mobilink) and Warid Telecom (Pvt) Ltd announced on Thursday their agreement to combine, in first telecommunication merger in Pakistan...
Warid is owned by Dhabi Group, which also owns Bank Alfalah Ltd...
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)...
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...
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...
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...
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...
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...
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...
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has blocked more than 16...
7 million connections as the deadline for the biometric SIM verification ends on Sunday...
LAHORE: A civil court has directed a cellular company to pay Rs1 million as damages to a consumer for blocking his SIM (subscriber identity module) without any prior intimation...
Advocate Syed Faridul Haq Chishti, a former finance secretary of Lahore Bar Association, had filed a suit for damages against U-fone for causing him a huge financial loss and mental agony by blocking his SIM abruptly in 2014 when he was in Dubai...
Meanwhile, after completion of the long-awaited and vital process, the Pakistan Telecommunication Authority (PTA) has been directed to carry out a third party audit of the exercise to verify its authenticity...
A blocked SIM can be re-activated within that period, following biometric verification of the card...
ISLAMABAD: The Supreme Court was told that a series of meetings between the telecom regulator, cellular companies and security agencies cut no ice over the issue of removing the maximum limit ban of five SIM cards per individual...
A three-judge Supreme Court bench headed by Chief Justice Anwar Zaheer Jamali had taken up a petition moved by a China Mobile/Zong, seeking directions for the Pakistan Telecommunication Authority (PTA) to...
Last week, local resident Muhammad took his wife Asghari Bibi to Okara to get issued a SIM (subscriber identity module) to her name...
The representative of a telecom company refused to issue them a SIM...
Two weeks ago, the Pakistan Telecommunication Authority (PTA) had asked all subscribers with dual SIM mobile phones to register their IMEI numbers before Aug 31...
Devices with already one IMEI against one SIM slot registered will not face service disruptions...
The Punjab government on Thursday decided to block the SIM cards of people refusing to get vaccinated against the coronavirus, an official said...
"Final decision has been taken to block the mobile SIM cards of people not getting vaccinated," Punjab Specialised Healthcare Department spokesman Syed Hammad Raza said...