Warid Telecom Explained

Warid Telecom International
Arabic: وارد تليكوم الدولية
Type:Private
Industry:Telecommunication
Defunct:2015
Location:Abu Dhabi, United Arab Emirates
Key People:Warid Rahman, Chairman
Bashir Tahir, founding CEO
Products:Telephony, LTE, WiMAX, EDGE, GPRS, GSM, UMTS

Warid Telecom International (Arabic: وارد تليكوم الدولية) was an Emirati telecommunications company that was active in Bangladesh, Georgia, Congo, Pakistan, and Uganda before its divestment.

Pakistan

See main article: Warid Pakistan. In 2004, Warid Telecom International LLC, purchased a license for operating a nationwide mobile telephony network, (WLL) and long-distance international (LDI) for US$291 million and was the first venture of Warid Telecom International LLC. The license was bid for and acquired by a team led by Bashir Tahir the former CEO of the Abu Dhabi Group, which is the parent company of all Warid operations.[1]

Warid Pakistan launched its services in May 2005. Within 80 days of launch, Warid Pakistan claims to have attracted more than 1 million. users.[2]

On June 30, 2007, Singapore Telecommunications Limited (SingTel) and Warid Telecom announced that they had entered into a definitive agreement subsequent to which SingTel would acquire a 30 percent equity stake in Warid Telecom for an estimated $758 million, valuing the company at an enterprise value of $2.9 billion.[3]

SingTel sold back that stake in January 2013 for $150 million and a right to receive 7.5 percent of the net proceeds from any future sale, public offering, or merger of Warid.[4]

On November 26, 2015, VimpelCom and Abu Dhabi Group agreed to merge Mobilink and Warid into a single company called Jazz.[5]

Network technology

Frequencies used by the Warid network
FrequencyProtocolBandClass
900 MHzGSM/GPRS/EDGE2G
1800 MHzGSM/GPRS/EDGE2G
2100 MHzUMTS/HSDPA/HSPA+13.5G
1800 MHzLTE34G

Bangladesh

See main article: Warid Bangladesh.

In December 2005, Warid Telecom International LLC obtained a 15-year GSM license to operate as the sixth mobile phone operator in Bangladesh for $50 million. Warid Bangladesh started rolling out its network from mid-2006, and launched commercial operations on May 10, 2007, covering 26 districts. It uses the code 16 preceded by the code number of Bangladesh +880. Warid Bangladesh acquired a million subscribers within 70 days of launch.

Warid Telecom sold 70% of its stake in Bangladesh operations to India's Bharti Airtel for $300 million receiving regulatory approval from the Bangladesh Telecommunication Regulatory Commission (BTRC) on January 4, 2010.[6]

On December 20, 2010, Warid Telecom was rebranded as Airtel.

Georgia

Licence awarded.

Network technology

Network Status Date Note
Live/Active unknown [7]

Ivory Coast

Licence awarded.[8]

Republic of Congo

See main article: Warid Congo. Launched service in January 2008.[9] On November 5, 2013, The Wall Street Journal reported an acquisition by Airtel.[10]

Network technology

Network Status Date Note
Live/Active November, 2007 [11]

Uganda

Planned to launch services in Uganda by the fourth quarter of 2007. Warid is also set to deploy a WiMAX network throughout Uganda through its sister concern Wateen Telecom.[12] Acquired by Airtel in 2013.[13]

Network technology

Network Status Date Note
Live/Active January, 2008
Live/Active unknown

External links

Notes and References

  1. Royal Flush . Arabian Business . https://web.archive.org/web/20160303215203/http://m.arabianbusiness.com/royal-flush-57528.html . 2016-03-03.
  2. http://www.ericsson.com/ericsson/successtories/2005/november/warid.shtml Warid, Pakistan, gains 1 million GSM subscribers in 80 days - Ericsson Customer Success Stories
  3. News: SingTel Confirms to Stake for $758 Million . CNBC.
  4. Web site: Abu Dhabi buys Warid Telecom stake - Business - Technology - Emirates24|7.
  5. News: November 26, 2015 . Mobilink, Warid Telecom announce merger . November 27, 2015 . Dawn.
  6. News: Bharti Airtel to Invest $300 Million in Warid Telecom . The Wall Street Journal . January 5, 2010.
  7. Web site: Warid Telecom wins Georgian WiMAX licence . Telecompaper . 2007-11-21 . 2014-04-19.
  8. Web site: Cote d'Ivoire: Warid Telecom pays for licence but can't get enough spectrum to operate . Balancing Act . 2009-03-13 . 2014-04-19.
  9. News: Congo-Brazzaville: Warid Telecom Launches . AllAfrica . 2008-01-18 . 2014-04-19.
  10. News: Bharti Airtel to Buy Warid Group's Congo Telecom Operations . The Wall Street Journal . 2013-11-05 . 2014-04-19.
  11. http://www.gsmworld.com/roaming/gsminfo/net_cgwa.shtml Warid Congo SA – Network Information
  12. http://www.telecompaper.com/news/article.aspx?id=165765 Warid plans WiMAX network in Uganda – Telecompaper
  13. News: Uganda regulator clears Airtel's Warid Telecom acquisition . Mint . 2013-05-13 . 2014-04-19.