Mobilink and Warid deal completes after Islamabad Hight Court Approval

Combined legal entity will serve over 51 million customers as Pakistan’s leading 3G and 4G mobile network After receiving the approvals from Islamabad High Court for merging two telecos, VimpelCom and Dhabi Group — the respective parent companies of Mobilink and Warid announce the completion of the biggest merger of the country. VimpelCom, Global Telecom Holding…

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Mobilink and Warid transaction completed, VimpelCom and Dhabi Group announce

Combined entity to serve over 50 million customers as Pakistan’s leading high-speed mobile network Amsterdam/Cairo/Islamabad (1 July 2016) – VimpelCom, Global Telecom Holding (GTH), together with Warid Telecom Pakistan and Bank Alfalah (Dhabi Group shareholders), today announced the completion of the transaction to merge Pakistan Mobile Communications Limited (Mobilink) and Warid Telecom (Warid), creating Pakistan’s next…

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Mobilink-Warid merger approved by Pakistan Telecommunication Authority

The Pakistan Telecommunication Authority (“PTA”) has today approved the merger of Pakistan Mobile Communication Limited (“Mobilink”) and Warid Telecom (Private) Limited (“Warid”)*. This is yet another milestone in the regulatory process and follows the approval granted in March, 2016 by the Competition Commission of Pakistan. The deal remains subject to further regulatory approvals and other…

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