Warid Pakistan
Life Ka Network (lit. Network of life)
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Native name
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وارد |
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Formerly called
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zem, zahi |
| Telecommunication operator | |
| Industry | Telecommunication |
| Founded | 2004 |
| Headquarters | Karachi, Pakistan |
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Key people
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Aamir Ibrahim (CEO) Muneer Farooqui (Former CEO) |
| Products | Mobile services Data services Mobile banking Blackberry solution |
| Website | www.waridtel.com |
Warid (Arabic: وريد Urdu: وارد) is a GSM, HSPA+ and LTE based mobile operator in Pakistan. Warid is the seventh mobile carrier to enter the Pakistani market. It commenced commercial operations in May 23, 2005. Warid is owned by Abu Dhabi Group, which is a business conglomerate in the Middle East and a major investor in Pakistan. It is the first venture of the group in the field of Telecommunication.
Warid is Pakistan’s fourth largest GSM mobile service provider and fifth largest mobile service in terms of subscriber base of over 12.9 million. It has a market share of 9% among cellular operators.
On November 26, 2015 VimpelCom and Dhabi Group agreed to merge Mobilink and Warid into a single company. On January 6, 2017 the combined CEO of Mobilink and Warid announced the launch of new brand Jazz. Mobilink ceased to exist on January 10, 2017 whereas Warid as a brand will continue for a year.
Pakistan Telecommunication Authority awarded two mobile telephony licenses to Telenor Pakistan and Space Telecom on April 24, 2004. The license for Space Telecom was cancelled after it missed a dead line to make a 50% down payment of the offered price. Thereafter PTA offered next highest bid winner company, Warid.
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