Archive for November 13th, 2009

[Update] Telecom Deal Chatter: Telenor May Buy 63% of Warid Telecom

Telecom industry insiders reported today that Telenor is interested in buying majority  (63%) of Warid Telecom. The news has not been confirmed by Telenor or Warid yet. Warid Telecom is currently owned by Abu Dhabi Group and Singapore Telecom (SingTel).

If this deal goes through, it would be a significant development for Pakistan telecom industry. On one hand this kind of chatter or rumors show that Pakistan telecom has reached second stage of maturity where consolidation and deal making has started. On the other hand it ushers a new era of competition. Giants like China Mobile (Zong) were in talks to buy Telenor at one time as well. Also at one time speculations were high of complete takeover of Warid Telecom by SingTel.

It merits mentioning here that telenor is near to launch operations in India along with Unitech under brand name Uninor and if the Telenor-Warid deal gets confirmed, Telenor will be the largest mobile network operator in Pakistan. We will keep you posted as the details of this deal emerge.

Update: Warid Telecom gives official stance on media rumor of merger with Telenor.

Warid Telecom (Pvt.) Ltd. is a leading telecom company in Pakistan that is recognized as the most reliable and steadfast telecom operator. Warid Telecom has issued an official statement in response to the rumor on ‘Warid Telecom Merger’. The statement endorses the un-authenticity of the news circulated in the media and it explains clearly that no such information is issued by the company Management. Warid Telecom is a responsible organization that always keep the public update on any developments.

- Press Release.

Zong 45 Vs Warid 60

Zong_45_PaisaWhen you have a telecom market with a large number of packages available and fierce competition, how do you make a new package stand out? One approach is to cut through the clutter and go for simple. This is the approach used by Zong: Cheap, Simple, Done. Here’s a quote from their website about Zong 45 pacakge.

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CNIC Copy Condition Removed To Facilitate SIM Data Correction

PTA is very seriously monitoring the SIM Data Correction process and aims to regularize it, curbing all the misinformation. In order to facilitate mobile users seeking correction in their SIM data, has removed the condition of CNIC copy being provided by the consumers.

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