Warid Telecom

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Warid Telecom International
وارد تليكوم الدولية
Private
IndustryTelecommunication
Founded2004; 15 years ago (2004)
HeadquartersAbu Dhabi, United Arab Emirates
Key people
Sheikh Nahayan Mabarak Al Nahayan, Chairman
Bashir Tahir, founding CEO
ProductsTelephony, LTE, WiMAX, EDGE, GPRS, GSM, UMTS
Subsidiaries
WebsiteOfficial website
Official Congo
Official Uganda

Warid Telecom International (Arabic: وارد تليكوم الدولية‎) is an Emirati multinational telecommunications company based in Abu Dhabi, United Arab Emirates. It provides telecom services in Bangladesh, Georgia, Congo, Pakistan, and Uganda.

Pakistan[edit]

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. The licence was bid for and acquired by a team led by Bashir Tahir the former CEO of the Abu Dhabi Group, which is the parent company of all Warid operations.[1]

Warid Pakistan launched its services in May 2005. Within 80 days of launch Warid Pakistan claims to have attracted more than 1 million. users.[2]

On June 30, 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 percent equity stake in Warid Telecom for an estimated $758 million, valuing the company at an enterprise value of $2.9 billion.[3]

SingTel sold back that stake in January 2013 for $150 million and a right to receive 7.5 per cent of the net proceeds from any future sale, public offering, or merger of Warid.[4]

On November 26, 2015 VimpelCom and Abu Dhabi Group agreed to merge Mobilink and Warid into a single company.[5]

Network Technology[edit]

Frequencies used by the Warid network
Frequency Protocol Band Class
900 MHz GSM/GPRS/EDGE 2G
1800 MHz GSM/GPRS/EDGE 2G
2100 MHz UMTS/HSDPA/HSPA+ 1 3.5G
1800 MHz LTE 3 4G

Bangladesh[edit]

In December 2005, Warid Telecom International LLC obtained a 15-year GSM license to operate as the sixth mobile phone operator in Bangladesh for US$50 million. Warid Bangladesh started rolling out its network from mid-2006, and launched commercial operations on May 10, 2007, covering 26 districts. It uses the code 16 preceded by the code number of Bangladesh +880. Warid Bangladesh has acquired a million subscribers within 70 days of launch.

Warid Telecom sold 70% of its stake in Bangladesh operations to India's Bharti Airtel for US$300 million receiving regulatory approval from the Bangladesh Telecommunication Regulatory Commission (BTRC) on January 4, 2010.[6]

On December 20, 2010, Warid Telecom was rebranded as Airtel.

Georgia[edit]

Licence awarded.

Network Technology[edit]

Network Status Date Note
WiMAX Live/Active unknown [7]

Ivory Coast[edit]

Licence awarded.[8]

Republic of Congo[edit]

Launched service in January 2008.[9] On 5 November 2013, The Wall Street Journal reported an acquisition by Airtel.[10]

Network technology[edit]

Network Status Date Note
GSM900 Live/Active November, 2007 [11]

Uganda[edit]

Planned 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.[12] Acquired by Airtel in 2013.[13]

Network Technology[edit]

Network Status Date Note
GSM 900/1800 Live/Active January, 2008 [11]
WiMAX Live/Active unknown

References[edit]

  1. ^ http://m.arabianbusiness.com/royal-flush-57528.html
  2. ^ Warid, Pakistan, gains 1 million GSM subscribers in 80 days - Ericsson Customer Success Stories
  3. ^ SingTel Confirms to Stake for $758 Million
  4. ^ [1]
  5. ^ "Mobilink, Warid Telecom announce merger". DAWN. November 26, 2015. Retrieved November 27, 2015.
  6. ^ https://www.wsj.com/articles/SB10001424052748703436504574639763075967666
  7. ^ "Warid Telecom wins Georgian WiMAX licence". Telecompaper. 2007-11-21. Retrieved 2014-04-19.
  8. ^ "Cote d'Ivoire: Warid Telecom pays for licence but can't get enough spectrum to operate". Balancing Act. 2009-03-13. Retrieved 2014-04-19.
  9. ^ "Congo-Brazzaville: Warid Telecom Launches". AllAfrica. 2008-01-18. Retrieved 2014-04-19.]
  10. ^ "Bharti Airtel to Buy Warid Group's Congo Telecom Operations". The Wall Street Journal. 2013-11-05. Retrieved 2014-04-19.
  11. ^ a b Warid Congo SA - Network Information
  12. ^ Warid plans WiMAX network in Uganda - Telecompaper
  13. ^ "Uganda regulator clears Airtel's Warid Telecom acquisition". Mint. 2013-05-13. Retrieved 2014-04-19.

External links[edit]