Pakistan News

    Warid Pakistan To India Call Rates

  • 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...

  • Call rates

    IN the talk shows we often hear that we continue paying one-rupee levy imposed in 1970 in the name of the then devastating East Pakistan floods...

    Effective Oct 1, 2012, the Pakistan Telecommunications Authority (PTA), in the name of controlling grey traffic, increased up to 400pc the rate for international incoming calls to Pakistan to make rich the 12 to 13 service providers...

  • TV ad rates rocket ahead of India, Pakistan final

    Television advertising rates for Sunday's cricket final between India and Pakistan are 10 times the normal price, industry sources said, as millions of fans are expected to tune in for a clash that last time ranked among the six most-watched sporting events...

    Pakistan, the lowest-ranked team at the Champions Trophy tournament, upset host and favourites England to set up a final with defending champions India, feeding a frenzy for a...

  • India’s central bank holds rates, cuts growth outlook amid slowdown

    MUMBAI: India’s central bank held interest rates at a seven-year-low on Wednesday as it downgraded growth forecasts for Asia’s third largest economy amid a slowdown following recent high-profile reforms...

    The Reserve Bank of India (RBI) said the benchmark repo rate - the level at which it lends to commercial banks - would remain unchanged at 6...

  • India cuts interest rates for third time this year

    MUMBAI: India’s central bank on Tuesday cut interest rates for the third time this year and played down recent strong growth in Asia’s third-largest economy, saying investment and demand remained weak...

    The Reserve Bank of India (RBI) lowered the benchmark repo rate — the level at which it lends to commercial banks — by 25 basis points to 7...

  • India’s outgoing bank chief rebuts critics, holds rates

    MUMBAI: India’s outgoing central bank chief insisted he had laid the foundations for sustainable growth in the world’s best-performing major economy after keeping interest rates on hold in his final policy review on Tuesday...

    The Reserve Bank of India (RBI) governor was speaking to reporters after announcing the outcome of the last monthly policy review before he returns to academia next month...

  • India has one of the highest rates of acid attacks in world

    LONDON: India has one of the highest rates of acid violence in the world, yet a backlog of criminal cases means it can take up to a decade for courts to reach a judgment and most victims receive no compensation, legal experts said on Wednesday...

    Globally, there are as many as 1,500 recorded acid attacks each year with more than 1,000 cases estimated to occur in India alone...

  • India cuts interest rates to four-year low

    MUMBAI: India’s central bank aggressively cut interest rates on Tuesday in a bid to kick-start economic growth, following a sharp drop in inflation...

    The Reserve Bank of India (RBI) surprised analysts by lowering the benchmark repo rate — the level at which it lends to commercial banks — to 6...

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