Warid Pakistan

Warid (Arabic: وريد Urdu: وارد) was a GSM, HSPA+ and LTE based mobile operator in Pakistan.

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

[6] The license for Space Telecom was cancelled after it missed a dead line to make a 50% down payment of the offered price.

[7] The license was bid and acquired through parent company of Warid Pakistan, Abu Dhabi Group led by the then CEO Bashir Tahir for US$291 million.

Initially it covered 28 major cities of the country, which is so far the largest coverage in the first phase of roll-out by the first investment of US$150 million.

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 Pakistan.