Wateen employees after tough time last year, when they had to wait for weeks for their salaries, are relieved with up to 6 bonuses and 25 percent increment in salaries, across the board. This is quite a news for industry in current situation. We know that Wateen has grabbed good funding through IPO and recovery from telecom operators from home and abroad. During...
First time in history of WiMAX industry, Wateen’s RAN team has on-aired four sites without involving its vendor, Motorola. Reportedly, due to delay in delivery from vendor’s side, one of Wateen’s RAN team took the initiative and deployed 4 sites, which are as of now on-air and live in southern region. Lead by Tehseen Ahmed, Syed Yasir Uddin is...
Wateen Telecom Limited has planned to offer 110 million ordinary shares to the general public at a price of Rs 10 per share with a greenshoe option of 90 million shares, reported business recorder today. In this regard, Wateen has applied for listing at Karachi Stock Exchange (KSE). Arif Habib Limited has been mandated to act as Financial Advisor and...
Wateen has been operating in Pakistan for couple of years now, with being the first WiMAX operator of the country. Despite the fact that Wateen was able to fetch pretty number of customers, spread wide its infrastructure, coverage, back haul, but unfortunately, somehow it could not leave the impression in the minds of customers. If you just Google around,...
Wi-Tribe which was officially launched in Pakistan on 1st of July 2009, has brought 27,000 customers to its network. It’s marvelous feat on their part as they did this in space of 6 months’ time. Reportedly, it was also the sales target of 2009 that was given to the team. Wi-tribe also reportedly added maximum customers per day after the recent...
Building on its global WiMAX leadership position, Motorola Inc.’s Home & Networks Mobility business announced today that Wateen Telecom has accelerated its rollout of WiMAX services and is on its way to doubling its existing customer premises equipment (CPE) volume from 100,000 to 200,000 by year end. Motorola remains Wateen’s exclusive WiMAX...
We reported earlier that Wateen was having trouble with cash in hand; however, the situation has changed during last month. We are now told by sources with-in the company that Wateen has recovered hefty amount from Warid and couple of other international vendors that includes Saudi Telecom. So the crisis is apparently over and company is back on track. By...
Universal Service Fund awarded telecom contracts worth Rs. 1.25 Billion for providing Broadband Internet in the un-served urban areas of Hazara Telecom Region (HTR) with PTCL and Wateen Telecom and Optic Fiber connectivity to un-served tehsils of Central Balochistan with Wateen Telecom. SEVP-Corporate Development-PTCL, Sikandar Naqi and General Manager-Wateen...
Wateen is in bad shape, we know that. But coming up from behind and leading by example under tough conditions is still something applause-able. Wateen has given its customers one more facility by giving them the option to get wateen card for re-charge at the door steps of their homes. And this facility is offered FREE OF CHARGE. You just need to call...
Wateen has been hit by financial crisis, lately, as told by sources with-in and close to company. WiMAX provider has reached its lower limit in terms of cash in hand, and undergoing large scale financial issues. Reportedly, work force is also suffering due to this, as some employees are still waiting for their salaries this month, at the time of filing...
It has been reported that Wateen has appointed new General Manager for HR as per company sources. Zaffar Iqbal Chaudary has joined as GM HR, however, official announcement has not been made yet. We could not arrange official version from Wateen regarding this. However, it has been confirmed through multiple sources that Zaffar Iqbal has taken the charge. Mr....
Wateen has decided to go for Initial Public Offering (IPO) within next eight to ten weeks, revealed Tariq Malik, Chief Executive Officer (CEO) Wateen Telecom, while addressing the employees of the organization. The meeting was shown live on the next generation network already installed by Wateen’s team across the country. “Wateen is here to stay...
Wateen announces that it has got 100,000 Broadband Users, and on the occasion company will give a chance to “Win prizes every hour”. Wateen said that Lucky draws will be held all through the months of September and October, in which you can win 5 Trips to Malaysia (2 persons, 3 days); expenses paid (boarding and lodging) 50 iPods 100 Lenovo N200...
As we had anticipated about Wateen’s upcoming USB Doongle, here is the leaked image of USB device…! Still no words on pricing and availability – but we are here to update you as soon as information on this will be available to us. ...
In connection with Independence Day celebrations, Wateen is waiving 60 percent Subscription charges and full waiver for security deposits – till August 31st, 2009 – Hard time for WiTribe! So if you are planning to get Wateen, this is perfect time to get the treat. Now your first month deposit will be as following iPower UPS at RS.1000 only...
