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Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.
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JQ  
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 More options Nov 14, 10:35 am
From: JQ <kaqure...@gmail.com>
Date: Sat, 14 Nov 2009 07:35:19 -0800 (PST)
Local: Sat, Nov 14 2009 10:35 am
Subject: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.
I saw this news ticker on Business Plus channel today (14th Nov.) If
this is running on the TV then this news might be confirmed. So what
will be outcome of this deal in near and far future. Please discuss.

JQ


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Qasim Y. Khan  
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 More options Nov 15, 12:53 am
From: "Qasim Y. Khan" <qa...@qasimkhan.com>
Date: Sun, 15 Nov 2009 10:23:46 +0430
Local: Sun, Nov 15 2009 12:53 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

looks like a lot of people will be looking for jobs again. Especially top
management, Hope not much of Wateen they are absorbing in


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aamir attaa  
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 More options Nov 15, 3:27 am
From: aamir attaa <aam...@gmail.com>
Date: Sun, 15 Nov 2009 13:27:43 +0500
Local: Sun, Nov 15 2009 3:27 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

[Off topic] It is interesting that we still look for confirmations in
conventional media

Regards,
Aamir Attaa

2009/11/15 Qasim Y. Khan <qa...@qasimkhan.com>


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Haris Shamsi  
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 More options Nov 15, 12:06 pm
From: Haris Shamsi <haris.sha...@gmail.com>
Date: Sun, 15 Nov 2009 22:06:36 +0500
Local: Sun, Nov 15 2009 12:06 pm
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

Aamir, there is no "CONFIRMATION' in unconventional media as well !!! as far
as i know - Yes there is an understanding at higher level between both
managements however the modalities are still being discussed and no decision
has been reached till now.

/HS


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aamir attaa  
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 More options Nov 15, 12:12 pm
From: aamir attaa <aam...@gmail.com>
Date: Sun, 15 Nov 2009 22:12:19 +0500
Local: Sun, Nov 15 2009 12:12 pm
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

@ Haris Agreed...

On Sun, Nov 15, 2009 at 10:06 PM, Haris Shamsi <haris.sha...@gmail.com>wrote:


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Atif Wajid  
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 More options Nov 18, 12:41 am
From: Atif Wajid <atwa...@gmail.com>
Date: Wed, 18 Nov 2009 10:41:23 +0500
Local: Wed, Nov 18 2009 12:41 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

I found a good flash note on it. you may see the attached analysis and
evaluate the impact.

Regards/Atif

  Flash_Note_November_16_2009.pdf
70K Download

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Sheikh Usman N.  
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 More options Nov 18, 2:01 am
From: "Sheikh Usman N." <usman.nad...@gmail.com>
Date: Wed, 18 Nov 2009 12:01:52 +0500
Local: Wed, Nov 18 2009 2:01 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

Actually there are two scenarios for payment, one is through stocks and
other is cash. Abu Dhabi group would not mind off-loading all the 70% stake
in Warid if required to do so. Bank Alfalah definitely gains alot through
this transaction.

If you look at the figures, it turns out to be USD114/Subscriber if its
$1.3B for 63%. Therefore, looking at Ufone, that adds substantially to the
value of PTCL stock. Basically, whether this deal goes through or not, main
thing is to look at Ufone now. Ufone is adding alot of value to PTCL.
Therefore, buy PTCL!

--
Sheikh Usman N.

"First they ignore you, then they laugh at you, then they fight with you,
then you win"
-Gandhi

http://sms-wisdom.blogspot.com/


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Bilal Khan  
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 More options Nov 18, 3:32 am
From: Bilal Khan <bkni...@gmail.com>
Date: Wed, 18 Nov 2009 13:32:27 +0500
Local: Wed, Nov 18 2009 3:32 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

They have sold Congo and Uganada as well to an Essar Group of India..

http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091116/BUSINES...

On Wed, Nov 18, 2009 at 12:01 PM, Sheikh Usman N. <usman.nad...@gmail.com>wrote:

--
Sincerely,
Bilal Khan
QixTel Communications
Tel: +92-91-5830528
Mob: +92-313-559-3366

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H.M  
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 More options Nov 19, 2:14 am
From: "H.M" <humayun.must...@gmail.com>
Date: Wed, 18 Nov 2009 23:14:41 -0800 (PST)
Local: Thurs, Nov 19 2009 2:14 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.
According to some of the news Channels,Warid Top Management have
denied these News saying that Warid is proud of its services and is
not selling or merging with any operator.

- H.M

On Nov 18, 1:32 pm, Bilal Khan <bkni...@gmail.com> wrote:


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Sheikh Usman N.  
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 More options Nov 19, 2:43 am
From: "Sheikh Usman N." <usman.nad...@gmail.com>
Date: Thu, 19 Nov 2009 12:43:30 +0500
Local: Thurs, Nov 19 2009 2:43 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

If they are so proud, what happened in Congo, Uganda?

--
Sheikh Usman N.

"First they ignore you, then they laugh at you, then they fight with you,
then you win"
-Gandhi

http://sms-wisdom.blogspot.com/


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aamir attaa  
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 More options Nov 19, 12:49 pm
From: aamir attaa <aam...@gmail.com>
Date: Thu, 19 Nov 2009 22:49:57 +0500
Local: Thurs, Nov 19 2009 12:49 pm
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

*Following report says: Telenor open for in-market consolidation in Pakistan

http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLJ4492222...

*
On Thu, Nov 19, 2009 at 12:43 PM, Sheikh Usman N. <usman.nad...@gmail.com>wrote:


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H.M  
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 More options Nov 19, 11:59 pm
From: "H.M" <humayun.must...@gmail.com>
Date: Thu, 19 Nov 2009 20:59:19 -0800 (PST)
Local: Thurs, Nov 19 2009 11:59 pm
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.
Usman - I think they said it for Pakistan and Warid Pakistan Top
Management gave this statement and not Warid Abu Dhabi.

Personally speaking there is no reason why Warid would sell to
Telenor,they have already sold stakes to Singtel which is  more than
enough for them.

- H.M

On Nov 19, 10:49 pm, aamir attaa <aam...@gmail.com> wrote:


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Muhammad Asif  
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 More options Nov 20, 12:27 am
From: Muhammad Asif <asif...@gmail.com>
Date: Fri, 20 Nov 2009 10:27:23 +0500
Local: Fri, Nov 20 2009 12:27 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

I think there will be some consolidation in the industry. It can be either
Warid + Telenor or any other combination. I wounder if any two players
decide to merge than how Competition Commission of Pakistan  or PTA is
likely to react to protect consumers.

regards,
MA


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Muhammad Asif  
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 More options Nov 19, 12:47 pm
From: Muhammad Asif <asif...@gmail.com>
Date: Thu, 19 Nov 2009 22:47:14 +0500
Local: Thurs, Nov 19 2009 12:47 pm
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

i think they are hiding the actual news but this is out in the market. it is
just a face saving tactics.
MA

On Thu, Nov 19, 2009 at 12:43 PM, Sheikh Usman N. <usman.nad...@gmail.com>wrote:

--
Regards,
Muhammad Asif

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Inspirex  
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 More options Nov 20, 5:59 am
From: Inspirex <inspi...@gmail.com>
Date: Fri, 20 Nov 2009 15:59:59 +0500
Local: Fri, Nov 20 2009 5:59 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

The Competition Commission of Pakistan is on its way out...cartels will
reign supreme!

--
- Inspirex

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Muhammed Nasrullah  
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 More options Nov 23, 6:40 am
From: Muhammed Nasrullah <nasrul...@gmail.com>
Date: Mon, 23 Nov 2009 16:40:02 +0500
Local: Mon, Nov 23 2009 6:40 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

Whats with the inability of PR to speak straight? Check out how they say
"there's no telenor-warid deal":

http://www.waridtel.com/about/media/archive/media_rumor.php

*Warid gives stance on media rumor *

*Lahore:* Warid Telecom (Pvt.) Ltd. is a leading telecom company in Pakistan
that is recognized as the most reliable and steadfast telecom operator.
Warid Telecom has issued an official statement in response to the rumor on
‘Warid Telecom Merger’. The statement endorses the un-authenticity of the
news circulated in the media and it explains clearly that no such
information is issued by the company Management. Warid Telecom is a
responsible organization that always keep the public update on any
developments. (PR).


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Inspirex  
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 More options Nov 23, 7:02 am
From: Inspirex <inspi...@gmail.com>
Date: Mon, 23 Nov 2009 17:02:54 +0500
Local: Mon, Nov 23 2009 7:02 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

This is what happens when people talk sitting "at" the audience and not "to"
the audience.

Sad.

On Mon, Nov 23, 2009 at 4:40 PM, Muhammed Nasrullah <nasrul...@gmail.com>wrote:

--
- Inspirex

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Sheikh Usman N.  
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 More options Nov 23, 7:13 am
From: "Sheikh Usman N." <usman.nad...@gmail.com>
Date: Mon, 23 Nov 2009 17:13:00 +0500
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

Well ... lets see ... Warid has come out with a statement does hold some
worth, but its important to see that they've just offloaded 51% stake in
their African operations. Perhaps, it has gained space and time for the next
buyout. However, there are many reasons to believe Warid's buyout.
Consolidation is due in Pakistani market. Telenor has launched Easypaisa and
is broadening its base/scope with every passing day which is a clear signal
they are in no mood to quit. Warid has had many problems both financially
and in terms of a proper management. Wateen's CEO recently stated they are
going for IPO which means Abu Dhabi group is no longer ready to inject
equity in it. We cannot predict, but there are signs for Warid in trouble
...

--
Sheikh Usman N.

"First ...

read more »


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Haris Shamsi  
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 More options Nov 23, 10:01 am
From: Haris Shamsi <haris.sha...@gmail.com>
Date: Mon, 23 Nov 2009 20:01:23 +0500
Local: Mon, Nov 23 2009 10:01 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.
Any idea about warid debts ?

On 11/23/09, Sheikh Usman N. <usman.nad...@gmail.com> wrote:

...

read more »


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aamir attaa  
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 More options Nov 23, 10:37 am
From: aamir attaa <aam...@gmail.com>
Date: Mon, 23 Nov 2009 20:37:20 +0500
Local: Mon, Nov 23 2009 10:37 am
Subject: Re: Warid Sells 63% Shares to Telenor in Abu Dhabi on 13th Nov.09 at 3 P.M.

unformed sources, i repeat unconfirmed

Warid Assets: 113 billion rupees
liabl: 63 percent

On Mon, Nov 23, 2009 at 8:01 PM, Haris Shamsi <haris.sha...@gmail.com>wrote:

...

read more »


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