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Articles tagged with: Warid Telecom
Telenor Rumoured to be Close to Buying Warid Telecom
It is being reported that Norway's Telenor is close to purchasing a controlling stake in Pakistan's Warid Telecom for around US$1.3 billion. If completed, the Dhabi Group will retain 7 percent of the company, while other 30 percent will stay with Singtel. more
Related Tags: telenor, singapore-telecom, Pakistan
Warid Telecom Launches Youth Brand
Pakistan's Warid Telecom has launched a marketing push based about a new youth brand. Glow, the new youth brand of Warid, through its unique features, recognizes the variety of tastes and preferences of the youth - ranging from calling their communities to their choices in how and when they want to communicate. more
China Mobile Reported to be in Talks to Buy Telenor Pakistan
China Mobile is reported to be in talks with Norway's Telenor concerning a merger of their respective Pakistani mobile networks. Although both the operators have denied any such development, sources told the local Dawn newspaper that negotiations were being held secretly at the group level. The deal is thought to involve China Mobile buying Telenor Pakistan and then merging the two networks. more
Related Tags: china-mobile, telenor-pakistan, zong, base, millicom, Pakistan
Essar Group in Talks to Take Stake in African Operator
India's Essar Group says that it is looking at an investment into Abu Dhabi Group's telecoms business, which would give it access to the firm's African subsidiaries. The Dhabi Group owns Warid Telecom International, which has African operations in Uganda and Republic of the Congo. Warid is expected to launch in the Ivory Coast soon. more
Related Tags: essar-group, abu-dhabi-group
Warid Telecom Commissions 6,000th Base Station
Four years after it launched its network, Pakistan's Warid Telecom says that it has commissioned its 6,000 base station. As a result Warid is now able to provide GSM services to more than 6000 cities, towns and villages and is covering more than 12000 Km of highways and major roads; across the country. more
Related Tags: base-station, universal-service-fund, zong, villages, Pakistan
SingTel Earnings Hit by Currency Changes - Seeking Aquisitions in 2009
Singapore Telecommunications (SingTel) has reported that its fourth fiscal (1st calendar) quarter's underlying net profit fell 0.9 percent to S$959 million (US$657 million) from a year ago impacted by the weak Australian dollar and major regional currencies. more
Related Tags: singtel, citycell, bharti, optus, telkomsel, Singapore
Award the 3G Licenses Urges Ericsson to Bangladesh
Ericsson has urged the Bangladeshi government to speed up the process to offer 3G licenses so that the mobile operators can tap the existing 3G phone user base in the country. more
Related Tags: ericsson, 3g-license, grameenphone, banglalink, aktel, citycell, teletalk, mobile-internet, 3g-phone, gsma, 3g-licenses, Bangladesh
Fitch Affirms Singtel's & Optus' Debt Ratings
Debt ratings agency, Fitch has affirmed Singapore's SingTel and its Australian subsidiary, Optus' Long-term foreign currency Issuer Default Ratings (IDR) at 'A'. The Outlook remains Stable. At the same time, Fitch has affirmed SingTel's and Optus' outstanding senior unsecured bonds at 'A'. more
Related Tags: vodafone, tim, iden, singtel, optus, ais, bharti, sharp, bharti-airtel, vodafone-australia, hutchison, fitch, Singapore
Pakistani Operator Gets Funding for Network Expansion
Pakistani mobile network operator, Warid Telecom says that it has had an injection of US$250 million in equity by its two joint shareholders, Singtel and the Abu Dhabi Group. The company said that the funds will be used to expand the network coverage. more
Related Tags: singtel, chief-financial-officer, abu-dhabi-group, Pakistan
Grameenphone to Raise $65 Million in Stock Market Floatation
Bangladeshi mobile operator Grameenphone has filed its final application for an initial public offering (IPO) of US$65 million. The company expects the subscription period for the IPO to be late January or early February next year. more
Related Tags: telenor, ipo, grameenphone, banglalink, aktel, citycell, teletalk, Bangladesh