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Telenor Bought Warid Telecom
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Sheikh Usman N.  
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 More options Nov 14, 9:05 am
From: "Sheikh Usman N." <usman.nad...@gmail.com>
Date: Sat, 14 Nov 2009 19:05:34 +0500
Local: Sat, Nov 14 2009 9:05 am
Subject: Telenor Bought Warid Telecom
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Dear All,

I just saw news on Business Plus saying Warid Telecom has sold 63% shares to
Telenor for $1.3billion on 13th Nov in a ceremony in Abu Dhabi. Any updates?

--
Sheikh Usman N.


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Rafaeel Akbar Chaudhry  
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 More options Nov 14, 9:22 pm
From: Rafaeel Akbar Chaudhry <col...@gmail.com>
Date: Sun, 15 Nov 2009 07:22:52 +0500
Local: Sat, Nov 14 2009 9:22 pm
Subject: Re: Telenor Bought Warid Telecom
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Good Day to all. As per my information, 63% shares have been bought by
Telenor as SingTel didn't agree to the price demanded by Dhabi Group. Thus
now, 63% shares are with Telenor, 30% with SingTel and 7% with the group.

Also there are rumors that Telenor High ups have selected the CEO of the new
management. This has not been announced publicly as yet since the PTA has
not been informed so far. Moreover, Telenor wants WARID to clear all the
pending liabilities before the formal handover. Kindly also keep into
consideration that WARID/WATEEN are mostly using the same towers and sites
for transmitter while paying the space owner for single transmission.

Regards,
Muhammad Rafaeel A Chaudhry
email: rafaeel.ak...@gmail.com

On Sat, Nov 14, 2009 at 7:05 PM, Sheikh Usman N. <usman.nad...@gmail.com>wrote:


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