Warid Telecom

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Warid Telecom
Type Private
Founded 2004
Headquarters 301-Dhabi Tower, Hamdan Street, Post Box 44222, Abu Dhabi, United Arab Emirates
Key people Sheikh Nahayan Mabarak Al Nahayan, Chairman
Mr. Bashir A. Tahir, CEO Abu Dhabi Group & Warid International
Industry Telecommunication
Products Telephony
Slogan We Care
Website www.waridtel.com

Warid Telecom International is an Abu Dhabi based mobile telecommunication firm providing telephony services in Bangladesh and Pakistan.

Warid is expected to launch in Congo and in Uganda soon.

Contents

Warid Telecom is a part of the Abu Dhabi Group, one of the largest groups in the Middle East and the single largest foreign investor group in Pakistan. It has a diversified business interest in the institutions that have enjoyed commercial success as a result of its strong financial resources and extensive management expertise.

In December 2005, Warid Telecom International LLC obtained a 15 year GSM license to operate as the sixth mobile phone operator in Bangladesh for 50 million US dollars.

Warid Bangladesh launched their operations on the 10th of May, 2007 and uses the code 16 preceded by the code number of Bangladesh +880. Warid Bangladesh has acquired a million subscribers with in 70 days of launch.

The company started rolling out network from mid-2006. In less than a year, amidst much speculation, Warid Bangladesh launched their commercial operation with 26 districts – the largest ever launch in terms of network coverage and BTS Stations. Unlike its operations in other countries Warid Bangladesh uses the slogan be heard instead of we care.

Currently Warid Bangladesh provides both post-paid and pre-paid connection plans. The post-paid plan is branded and marketed across the country under the name Zahi Post-paid, which means leader or royalty. The pre-paid segment is branded and marketed as Zem Pre-Paid.

Warid Telecom Franchise in Dhaka, Bangladesh.
Warid Telecom Franchise in Dhaka, Bangladesh.

Network Status Date
GSM1800 Live/Active May, 2007

[1]

Planned to launch services in Republic of Congo in early,2008.[2]

Warid Telecom customer services and sales point
Warid Telecom customer services and sales point
Warid Telecom business center, Lahore, Pakistan
Warid Telecom business center, Lahore, Pakistan

In 2004, Warid Telecom International LLC, purchased a license for operating a nationwide mobile telephony network, (WLL) and long distance international (LDI) for $291 million US dollars and was the first venture of Warid Telecom International LLC.

In May 2004, Mr. Hamid Farooq was hired as the Chief Executive Officer of Warid Telecom Pakistan. Prior to being hired, Mr. Farooq was working as the Executive Vice President of Mobilink (an Orascom Telecom Company).

Warid Pakistan launched its services in May 2005. Within 80 days of launch Warid Pakistan claims to have attracted more than 1 million. users[3]. According to Pakistan Telecommunication Authority, currently Warid Telecom has more then 10 millions subscribers in Pakistan. [4] and is ranked as the fourth largest operator in Pakistan. Warid Pakistan claims it has the largest "post-paid" subscriber base.



On June 30th, 2007, Singapore Telecommunications Limited (SingTel) and Warid Telecom announced that they have entered into a definitive agreement subsequent to which SingTel will acquire a 30 per cent equity stake in Warid Telecom for an estimated $758 million — valuing the company at an enterprise value of $2.9 billion.

Warid Pakistan provides both post-paid and pre-paid connection plans. The post-paid plan is branded and marketed across the country under the name Zahi Post-paid, which means leader or royalty. The pre-paid segment is branded and marketed as Zem Pre-Paid.

Zahi-Post-paid and Zem Pre-paid user enjoy various value added services(VAS), such as SMS, MMS, GPRS, 64K SIM, Dual SIM product, Corporate packages for product advertising via SMS, and a host of other features.

However International Roaming is available to its Zahi(post-paid) users as of March 2007.

Warid has been one of the highest contributor in development work carried out in the quake hit areas of Pakistan after the devastating event of 8th October 2005, furthering their stance of 'We Care'.

Network Status Date
GSM900/1800 Live/Active May, 2005

[5]

Planed to launch services in Uganda by the fourth quarter of 2007. Warid is also set to deploy a WiMAX network throughout Uganda through its sister concern Wateen Telecom.[6]


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