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Mobilink, Warid to merge ops in Pakistan - report

2015-10-04 12:13:00| Telecompaper Headlines

(Telecompaper) VimpelCom, parent company of Pakistani mobile operator Mobilink , and the Abu Dhabi Group, a major sponsor of Warid Telecom, have reached an in-market consolidation by merging their respective subsidiaries, Daily Times reports, citing unnamed industry sources. According to these sources, the launch of 4G/LTE services made Warid an attractive target for VimpelCom. Thus VimpelCom agreed to acquire Abu Dhabi Group's subsidiary, Warid Telecom.

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