Mobilink and Warid undergo an in-market merger.
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Mobilink and Warid undergo an in-market merger.

  shahid nazir

VimpleCom, the parent company of Mobilink and Warid’s Abu Dhabi Group has recently agreed over an in-market consolidation by merging their Telecom operation in mobile phone market of Pakistan.

There is no doubt that the LTE License of Warid is the most lucrative option for VimpleCom and also the primary one behind this merger. The participants who closed the deal stated that.

Mobilink and Warid undergo an in-market merger.

Mobilink and Warid undergo an in-market merger.

“Mobilink’s bid for the merger and acquisition of Warid reached beyond the advance levels, as Mobilink had completed due-diligence of Warid two months ago, while the merger of both companies is expected to be announced officially in January 2016.”

It is significant speculation that Mobilink being the leader might shift its burden to the Warid network, meanwhile, taking the advantage of LTE for the existing and prospective customers. Sources also said:

“Warid would remain a separate entity and the name of company wouldn’t be changed by VimpelCom initially, but the Dubai-based cellular phone company would keep about 20 to 30% shares as its ownership.”

With this merger not many changes a likely to come except utilizing the operational capacity of Warid and taking full benefit of LTE expansion.

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