Naeem-Zamindar_CEO-Wateen.jpg

Jul 23, 2014

65 Comments
  • Inam

    Finally!

  • Ali

    Dosray Zardari sahab company ka sara paisa loot kay ab chaley ayashi marnay.

  • Simmo

    Hate him na

  • Engineer

    Zameendar Sb will eventually will be removed from ‘Board’ of other companies as well.

  • Muhammad Faraz

    He destroyed Wateen.
    With the infrastructure Wateeen had it could have been a top wimax provider .
    But he was more interested in having “Ashrivaat” from Art of living

    • NotWateenNorArtLivingGuy

      Wimax was dead. It died before Naeem sb got there.
      You don’t know what you are talking about.

      If Wimax was such a success why is Witribe and Augere struggling? Why did Mobilink shut down Infinity Wimax? Why is PTCL and Cyber only doing corporate wimax.

      You have no idea of Wimax business so better keep mouth shut than utter nonensese

  • Employee ABC

    Very sad news… Naeem Zamindar was a great CEO & a great human being indeed. Due to his leadership, morale & self esteem of employees was raised which was extremely low earlier & no one was willing to work for Wateen. We human beings were being treated as true asset of the company, as human beings instead of disposable machines. 3 years ago, every employee was hopeless, desperate. Bickering, back biting & company bashing was a norm. But now things are totally changed. Each & every employee loves this company as well as its management & feels proud to be part of this great company. We learned the true meaning of sense of ownership, responsibility, team work, trust, loyalty & passion. Sad news for all the employees!

    I wish best of luck to our great CEO & hope that you find a much better company to work for, we will surely miss you a lot. I also hope that the new comer is also a human friendly person & tries to win the hearts instead of just becoming a typical arrogant, inhumane boss.

    P.S: I hope Mr. Naeem Zamindar reads these line, he will surely feel proud of himself after knowing that how much he was loved by the employees.

    • nonsense

      Question: Who will post with a fake profile while praising his CEO?

      Answer: CEO himself :D

      • Employee CBA

        Question: who would post a comment claiming that
        Answer: embittered ex employees who were fired for trying to smear CEO

      • Employee ABC

        You are also using a fake profile so can I safely assume that you are an ex-blood sucker of Wateen whom Naeem Zamindar kicked out & now you are trolling here?

        • Romeo

          Oh…You want to say that it was Naeem Zamindar decision to lay off employees? I thought its whole Management decision to close complete departments /80% team of departments.

    • AAA

      I am sure many Molvi-minded “ghairat brigade” people have been celebrating his departure though he never forced anybody to join art of living. Those who have a tunnel vision would have been much happy. God help this nation!

      • Employee CBA

        thank God there are still some sane people left in Pakistan! thank you AAA

    • Employee ABC

      Just a conspiracy theory:

      Is it possible that the departure of Naeem Zamindar is somehow linked with the sacking of Waqas Allauddin & Imtiaz Leghari??? Many unusual events happened after he kicked out Waqas Allauddin.

      If so than it is such a miserable incident that one can only say Alas on it. Bureaucrats, Jageerdars, Waderas & their rogue sons have become so much powerful in this country that only a bloody revolution like that of Lenin could free the poor people of this country from these big guns.

      • ali

        might be… Waqas Allauddin is not a normal man… but Imtiaz Leghari is a lamb….

    • Hitman

      A Comment Directly From Lahore Head-Office :p :p

    • lazyboss

      SO why he was sacked if he has injected such freshness in the organization?

  • Wateen Official

    Naeem Zamindar Steps Down as CEO and Board Member of Wateen Telecom

    Lahore, 23rd July 2014: Naeem Zamindar has stepped down as CEO and Board
    Member of Wateen Telecom, Pakistan after completing a three and a half
    year-tenure that led to the restructuring and reorganization of Wateen, said
    official statement issued by the company. Naeem Zamindar will continue in
    his role until 31st July 2014.

    Naeem Zamindar drove the turnaround of Wateen for the past 3 years and turned it around from burning two billion rupees annually to generating a positive operating cash flow of one billion rupees. He has positioned Wateen into one of the
    leading technology and communication providers of Pakistan.

    It may be recalled that Naeem was appointed by Sheikh Nahayan bin Mubarak Al Nahayan, to the Board of Wateen to turn it around as CEO in December 2010. He
    brought in key new members to strengthen the management team and address the
    challenges at the Company. Working with the Board and shareholders Naeem
    played a key role in reorganizing the operational team. He also led the
    effort to successfully negotiate new financial terms with its lenders to give
    the company operating room to restructure and return to profitability.

    Naeem’s leadership consolidated and refocused Wateen’s businesses leading the effort in carving out the WiMax business and planning a merger with QuBee. The Company has now become the leading player in providing fiber, satellite, cable TV and wireless connectivity and information technology and communication solutions to mobile operators and enterprises al over Pakistan. His contribution enabled
    Wateen to emerge from a loss making entity to one which is generating positive
    EBITDA and is now viewed as a stable organisation set to build on these successes.

    An Abu Dhabi Group official statement said, “Naeem has played a tremendous role in helping cement Wateen’s place in Pakistan’s telecoms landscape. His vision to empower each and every Pakistani citizen has been the foundation of Wateen’s recent successes. We wish him all the best in his future endeavours and hope to
    continue to uphold his legacy of excellence.”

    Naeem Zamindar brings over a quarter of a century to assemble a career in which he started as an CPA and then moved on to successfully develop large business opportunities in mobile telephony, broadband, new media and information technology. Relying on his talents as an entrepreneur and venture capitalist, he has handled scaling of businesses and business turnarounds. He is one of the founding team members of Mobilink, and was a key member of the leadership team that grew Mobilink to become the leading telecom company of Pakistan. He developed his passion for venture capital at Intel Capital in the Silicon Valley where he worked on 29 venture capital investments focused on building companies in the
    internet/new media and wireless broadband space.

    • Wateen Official

      Please note that the above statement was NOT made by ‘Employee ABC’ but by Wateen’s official communications department

    • Hitman

      Dear Wateen Official I thuink Wateen Declaired loss of 18 Bilion LAst YEar ??? Making A billion Possitive is it the “Tru-Story”

  • Khan123

    Finally Hoping to see Wateen grow now.

  • 123Khan Ka Dost

    Agree Khan Sahab !

  • Khan123

    The time has now come new era of technology will begun inshAllah.

  • 123Khan Ka Dost

    Khan Sahab Saachhhiiii Baat kerdi apnay wah wah wah !

  • Bhobotia Khan

    Naeem Bhai Paan ke dukaan chalaoo app !

    • Khnas

      1. There’s nothing wrong with running a paan key dukan.
      2. This comment just speaks of what a lost and deluded soul you are. Take a break from life and change your perspective. Maybe read Quran and learn the ways of Prophet Muhammad (PBUH) about not to abuse peoples when their luck is down.

  • Khan123

    Bye bye Naeem uncle..

  • Mallo Bhai

    Paan ke Dukaan bhe nahe chala sakaygee app !

  • Asher

    Dear Readers,
    Thou it’s a late step but correct, we have to see Wateen as top player in Fibre Optic network still need to revise it’s packages, proper marketing- sales. I remember the time, when i got the chance to work for Wateen- but POOR Customer Services, People who got their Connection had to wait for weeks & weeks for Wateen IT Visit to resolve their issues in Twin Cities.
    Wateen need to work hard on their marketing strategies, market segment, prices revision in compare with Qubee.
    I don’t know what Abu Dhabi Group doing in Telecom Sector, Only Warid is the successful player in help with Alfalah Bank.

    Regards,
    A.Khan

  • Faisal Basra

    We will miss a great leader. Best Wishes

    • Muhammad Omar Butt

      may be we still have a chance :)

  • troll

    yeh tu Troll hogea :P yani Bonus geya khaddy mein :P :P

  • Mohammad Ali

    At last. If company still don’t take hard steps than believe me wateen would be a chapter of history. He actually destroyed the company, no doubt wateen was best wimax services provider but now don’t even running their operation in faisalabad

    • Bilal Iqbal

      Wateen should adjust strategy according to market after 3g… this is not 2009… plz grow up and keep this company growing…best wishes…

  • Eli Ehsan

    Baba Ram Dev ka ho ya Baba infinite x Sri shankar! ka Yoga, dat YOGzz iz bad.. :D

  • Yasir

    The way he started up was fantastic change in Wateen but sooner not longer what exactly happen in July 2012 everyone knows about it. His FNF specially one of his best mate AR who have also put his efforts to bring him in this position. As it’s too late & Naeem is a good gentle man but doesn’t deserve to be the CEO. This company fully based on FNF and i believe the corruption in their deployment dept was on peak like no other company would have in Telecom industry in Pakistan. WiMAX is totally collapsed even they have no new equipment to install on sites but they started large deployment in earlier 2011 a worst planning and subcons paid off 4 times of their cost. In fiber the huge corruption worst planning and low cost material using with worst deployment. Every outsource company is of managers holding companies and they are taking 4 times the market rate not only deployment but HR O&D dept as well. There is no strong recovery dept millions of $ are not yet recovered. Their cooperate customers are in debt. In what way company is going is really hard to understand. Big fishes are in Lahore. Wateen should be Sale!!
    In history of Wateen since the beginning management have been changed before as well but none of one could able to be sincere with company. This company is full of blind holes.
    Heads off to the sheikh who always agree to bring new management and invest in dark rides. Ppl who are happy inside Wateen are waiting for the new investment.
    Its also remain in Wateen History employees are always glad to welcome new management which start a new era for corruption with new investment.

  • Myriam

    but wateen will remain wateen as pathetic internet service provider.

  • HTC One

    Good for Pakistan.. Good for Wateen

  • ali

    perhaps soon Faisal Sattar (CEO USF) will join as CEO Wateen….

    • Romeo

      Faisal Sattar is great option for Wateen future. However, the basic challenge will be to get the work done also instead of Plans ,,,Meetings…Plans…Meetings

  • wateenetic

    now its asad and anwer khan’s turn to leave this company

  • wateenetic

    it has been reported that Asad and his team has made millions in office furniture shopping in dubai.. the amount is huge.. huge..

  • wateenetic

    Asad is living on company maintained Guest house since his appointment, Free of cost. where he is enjoying free laundry, free food,, free accommodation.. also it has been confirmed that guest house in karachi is also belongs to his close relative.. and getting heavy rent..

  • Guest

    Being a profitable telco nowadays is a real challenge and reaching “targets” even more so; those who are doing “slightly better” are triumphing at the expense of “killing the vendors” and there is lots of blood around in telecom. When one does business with fairness and a win-win training, the results may be beyond numbers.

    Naeem Zamindar is an incredibly spiritual human and his faith and fairness transgresses all religions; he is simply someone of High Vibration, while a True Leader.

    Let’s all flash in the mirror images of ourselves Before we attempt to target those whom we don’t even know, except by “questionable” media. Let’s enlarge our personal Reality and question our Own Selves: how often do we meet our targets, how often are we fair to “everyone”, how often as CEOs are we the sole “makers or breakers” of a company, how often are we not selfish and how often do we seek joy with unconditional abandonment and no personal agendas???

    Naeem is a Devout Muslim who does not talk the “talk” as Islam is not about boasting. He is most kind and sincere. Naeem is also a follower of the Art of Meditation which is currently adopted by many on Wall Street, on every continent, and is a personal act, practiced by many regardless of releigion . Naeem is a modern man, who is seeking ways to become better, while helping others in the process. Meditation is a way to reach one’s true Self and God.

    This is the Month of Ramadan, let’s not judge now, nor beyond.

    It remains to be seen how Watteen does next… as the formula for succcess for Telco providers is still being concocted.

  • Anamon

    Being a profitable telco nowadays is a real challenge and reaching “targets” even more so; those who are doing “slightly better” are triumphing at the expense of “killing the vendors” and there is lots of blood around in telecom. When one does business with fairness and a win-win training, the results may be beyond numbers.

    Naeem Zamindar is an incredibly spiritual human and his faith and fairness transgresses all religions; he is simply someone of High Vibration, while a True Leader.

    Let’s all flash in the mirror images of ourselves Before we attempt to target those whom we don’t even know, except by “questionable” media. Let’s enlarge our personal Reality and question our Own Selves: how often do we meet our targets, how often are we fair to “everyone”, how often as CEOs are we the sole “makers or breakers” of a company, how often are we not selfish and how often do we seek joy with unconditional abandonment and no personal agendas???

    Naeem is a Devout Muslim who does not talk the “talk” as Islam is not about boasting. He is most kind and sincere. Naeem is also a follower of the Art of Meditation which is currently adopted by many on Wall Street, on every continent, and is a personal act, practiced by many regardless of religion . Naeem is a modern man, who is seeking ways to become better, while helping others in the process. Meditation is a way to reach one’s true Self and God.

    This is the Month of Ramadan, let’s not judge now, nor beyond.

    It remains to be seen how Wateen does next… as the formula for success for Telco providers is still being concocted.

    • FaltoBalto

      Wateen must be bought by a large telecom such as Zong or Telenor.
      It has very good asset like national longhaul.

    • xxx

      Taliban
      Threatening our Members in Pakistan: Art of Living

      http://newsindiatimes.com/taliban-threatening-our-members-in-pakistan-art-of-living/

      The Taliban
      are threatening members of the Art of Living foundation working in Pakistan,
      accusing them of “conspiring against Islam”, the NGO said on June 10.

      The
      foundation, headquartered in Bangalore, is a volunteer-based, humanitarian and
      educational institution founded by spiritual guru Sri Sri Ravi Shankar in 1981
      and has a worldwide presence. The foundation which has been working in Pakistan
      over the last 13 years, claims to have about 10,000 members across the country.

      “Our
      faculty members and volunteers in Pakistan have been receiving threat letters
      and calls over the last two months from the Taliban accusing them of conspiring
      against Islam,” the foundation said in a statement in Bangalore.

      The
      foundation has also brought to the notice of Pakistani authorities that the
      threats began after March 8 when 15 gunmen vandalized its center at Bani-Gala,
      on the outskirts of Islamabad.

      “Since
      many youths gave up violence after undergoing our programes, the Taliban
      perceive our organisation to be a threat,” the statement quoted a volunteer
      working in Pakistan as saying.

      Sri Sri
      Ravi Shankar, who visited Pakistan in 2012 and 2004, had invited Taliban
      leaders for a dialogue to make South Asia a safer region.

      • Shahid Saleem

        So what? Taliban are also responsible for killing most highest number of Pakistani Muslims in the past 15 years. You want to continue listening to them? Go ahead, just don’t spread their disease on this blog.

  • Guest

    Official Email of Naeem Zamindaar @ Thu 24 July 2014 3:13 PM announcing 2 Bonuses. :)

    • Wateen ka employe

      True that :P

  • Sanu10

    I don’t know what is the actual cause of sacking Naeem Zamindar, but I can surely claim that the sacking of Imtiaz Laghari from Wateen was in the best interest of Wateen in general and VSAT deptt in particular.

  • Ammar

    Wateen has to be one of the biggest fails of the past 10 years in Pakistan. The company promised so, so much before it launched in Pakistan. Basically a Nayatel like experience: TV, phone and internet over one service. And look at what it ended up offering.

  • Muhammad Abd al-Hameed

    It is not just Dhabi Group. It is Abu Dhabi Group. Such obvious errors damage credibility.

    • Romeo

      Credibility ? Their credibility is questioned as why they were unable to identify that despite of laying off employees every year why new people were coming on board on same positions? Its happening since start.

  • Muhammad Abd al-Hameed

    Naeem had a closed mind. Even when he was offered a very practical and profitable idea, he would not even respond. He thought he knew everything. Of course, only he knew how to cause a loss of reported 18 billion rupees!

    • Lakhpathy

      I get 100 profitable ideas in a day. 101 of them are poorly thought out and have no rationale in reality.

      If your ideas are so good why don’t YOU invest in it, make billions and spend your time spending billions rather than waste time with such comments.

  • Romeo

    I dont think so Wateen is going in loss. In last couple of months, Wateen had provided Malaysia etc trips for Senior Management on achievement of goals. If Senior Management had achieved goals , it means Mr Naeem’s goals were also achieved. Why cant we think that Mr Naeem is moving to another opportunity ?

  • Impending Train Wreck

    Whoever is advising Dhabi Group is nuts. A company in precarious situation and they’ve made the CEO resign without getting his replacement.

    Allah Khair karay. Abu Dhabi group has lost $1bn+ in Pakistan. Besides Al Falah, Warid and Wateen are under so much debt and have negative equity.

    God Help the employees AND owners. Besides Al Falah their businesses are heading into a brick wall.

  • Truth to be Told!!

    The people who need to be thrown out of wateen are Jauhar Ali, Noor KHan and Mussadaq Mehmood of OFC division, Muhammad Bilal , Zubair and Talha from Engineering they are some of the people who have looted wateen. Jauhar along with his Brother in Laws Naeem and Faheem is responsible for plundering millions of Rs in OFC contracts. As Naeem was closing down on their activities he has been removed. Its a bad step by Abu Dhabi grp. As the real corrupt mafia is still in Wateen. Its high time that Abu Dhabi group should make Azeem their current CTO the CEO. He is highly capable and clean person with a great track record.

    All the best to wateen.!!!

  • wateenetic

    Asad reizzvi hs been fired from Wateen today…

  • wateenetic

    There are some unconfirmed reports that, asad’s whole team will be fired Before or just after Eid holidays

    • Proud Wateen Member

      Wateenetic get some life please. I am sure you are one of those rotten eggs in Wateen who were fired/ignored due to their BS attitude. Don’t know what type of people you are. You have so much time to post comments. Bottom line is you are afraid of the transformation that Asad had started. People like you always complain instead appreciation.

      • Wtel

        There are news from confirmed sources that Wateenetic is a “Moron”

  • wateenetic

    To Proud Wateen Member and Wtel…. your days have surely been counted.. u must be Mohammed Farooq and Farhan Tariq ..(asad’s pets)…. what transformation you and ur whole team has done….???? meaning less training programs… waste of money and time……. useless values launch.. … waste of time and money…. … now time has come that ppl like u shud be kicked out from wateen.. just like naeem and asad….

  • Junaid

    Naeem bhai jande saadi vari aan de ;-D time khatam hai apka try doing something else for a change