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Mobilink, Warid Telecom announce merger : November 26, 2015,
2015-11-26 15:59:57| Telecom - Topix.net
ISLAMABAD Pakistan's telecom industry is about to witness a massive consolidation as the parent companies of Mobilink and Warid Telecom announced on Thursday that they had reached a merger agreement. A joint press release issued by both companies confirms that Mobilink will first acquire 100 per cent of Warid's shares in consideration for the Dhabi Group shareholders acquiring approximately 15 percent of the Mobilink shares.
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Category:Telecommunications