Mobilink and Warid Telecom Merge in Pakistan

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Now it is confirmed that Warid and Mobilink are merging as one company while many people are waiting for that news from last few weeks.

Mobilink and Warid

Mobilink and Warid

So far, we don’t have details about this merger but sources within the Federal Govt. have confirmed that the deal has finalized and the details will be provided by VimpelCom in a day or so.

At the moment, the only news we can provide is that Dhabi Group (owner of Warid) has decided to leave the Telecom sector of Pakistan after merging of Mobilink and Warid while VimpelCom will become the sole owner of both the telecoms.

The position of Mobilink will increase as a result of this merger and the number of customers belong to Mobilink will increase to 46 million while with 33 million subscribers, Telenor will remain at number 2 position.

Pakistan telecom industry was waiting this news for a long time and it will prove as a positive step in the consolidation of the industry in Pakistan.

We are hoping for detailed news within hours and we will inform you about the future developments as early as possible.

 

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