Warid has denied recent press reports that said it was in talks with various Pakistani operators for sellout of its stakes.
In a company statement issued, Mr. Bashir A Tahir, CEO Warid Telecom International denied the mentioned story. He further said:
Recently there have been misplaced news items in certain section of the press that Warid Telecom Pakistan may be up for sale because of the shrinking interest of the sponsors relating to the market conditions in Pakistan.
Warid telecom Pakistan categorically and unequivocally denies such reports and impressions. Warid Telecom Pakistan is not being sold off rather is on course with its expansion plans with the continuing focused view to extend quality services to its loyal customers to whom it is deeply grateful.
Warid Telecom Pakistan also extends sincere thanks to its business partners for their support and professional contribution., Bashir A. Tahir, CEO, Warid Telecom International