Native name | وارد |
---|---|
Formerly | zem, zahi |
Company type | Telecommunication operator |
Industry | Telecommunication |
Founded | 2004 |
Defunct | 26 November 2015[1] |
Fate | Merged with Jazz Pakistan |
Successor | Jazz |
Key people | Muneer Farooqui[2] (CEO) |
Products | Mobile services Data services Mobile banking Blackberry solution |
Website | waridtel.com |
Warid (Arabic: وريد Urdu: وارد) was a GSM, HSPA+ and LTE[3] based mobile operator in Pakistan. It was the seventh mobile carrier to enter the Pakistani market. It commenced commercial operations on May 23, 2005 by the Abu Dhabi Group, a business conglomerate in the Middle East and a major investor in Pakistan. It was the first venture of the group in the field of Telecommunication.[4]
Warid Pakistan was Pakistan's fourth largest GSM mobile service provider and fifth largest mobile service in terms of subscriber base of over 12.9 million.[5] It has a market share of 9% among cellular operators.[6]
On November 26, 2015 VimpelCom and Dhabi Group agreed to merge Mobilink and Warid Pakistan into a single company.[7] On January 6, 2017 the combined CEO of Mobilink and Warid Pakistan announced the launch of new brand Jazz.[8][9] Mobilink ceased to exist on January 10, 2017 whereas Warid Pakistan as a brand continued for a year.[10]