Breaking: CCP Approves Mobilink-Warid Merger

Competition Commission of Pakistan has approved Mobilink-Warid merger, we have checked with official sources who are aware of commission’s decision that was issued moments ago.

CCP bench hearing the matter comprised of Vadiyya Khalil, the Chairperson, Dr. Shahzad Ansar, Member Office of Fair Trade & Advocacy, and Ikram Ul Haque Qureshi, Member Cartels & Trade Abuse and Legal.

“A CCP bench has approved Mobilink-Warid merger and I can confirm that CCP has not raised any objection over the merger in principle but merged company will have to comply with the remedies imposed by the commission”, said the source while speaking with ProPakistani.

A CCP statement said that commission was concerned about few matters including spectrum concentration, infrastructure sharing, non-compete obligations, and joint control of the merged company.

Commission imposed few conditions while binding the merged company to comply with such conditions to carry out the merger process.

Order has reportedly said that merged company will continue to operate with other telcos in the market based on current rates and interconnect conditions.

Also Read: Anatomy of Mobilink-Warid Merger

After CCP’s approval — that was most crucial part of mandatory regulatory approvals required for the merger — SECP, PTA and SBP are likely to approve the deal in matter of few weeks after which both companies will formally start to merge the companies and operations.

It maybe recalled that Mobilink and Warid had agreed to merge their operations in Pakistan back in November 2015. Both companies had announced to merge operations with-in six months after getting regulatory approvals.

Keep visiting this space for more specific updates on merger approval and order details.

Also Read: Everything You Need to Know about Mobilink-Warid Merger

 Here’s press statement issued by Mobilink on the decision:

The Competition Commission of Pakistan (“CCP”) has approved the merger of Pakistan Mobile Communications Limited (“Mobilink”) and Warid Telecom (Private) Limited (“Warid”)*.

This approval is the first of four required approvals from the local regulatory bodies, including Pakistan Telecommunication Authority (“PTA”), Securities & Exchange Commission Pakistan (“SECP”) and the State Bank of Pakistan (“SBP”).

Commenting on the approval, Jean-Yves Charlier, CEO of VimpelCom, said, “We are pleased that the Competition Commission of Pakistan has approved our request to merge the two businesses. The combination of Mobilink and Warid will be a positive step for the development of technology and communications services in Pakistan. Together, the future entity will serve more than 45 million customers through a best-in-class mobile and high-speed network, andbring further investment into infrastructure and digital services forconsumers in Pakistan as they navigate the digital world.”

Commenting on the approval, Jeffrey Hedberg, President and CEO of Mobilink, said,”We are delighted to receive the CCP’s approval, which is an important milestone in the merger process and paves the way for other regulatory approvals. We appreciate the role played by the CCP during this process and we look forward to progressing with the remaining regulatory bodies in the coming days.”

Mr. AdeelBajwa, Chairman Board Executive committee, Warid Telecom Pakistan expressed his gratitude, “We are happy on receiving the approval from the Competition Commission and thankful to the Authority for their wisdom and support. The Authority has shown great professionalism in reaching this determination after thorough deliberations and detailed evaluation. This is a milestone in the Telecommunication history of Pakistan. Such steps will go a long way towards enhancing Investor confidence in the country and the progress of Cellular Industry. We look forward to the next steps in this process and are very excited about the opportunities this affords us for better serving our customers”.

The transaction is the first major merger in the mobile telecommunications sector in Pakistan.

*Approval is subject to certain remedies by the CCP.

Tech reporter with over 10 years of experience, founder of ProPakistani.PK

  • Muhammad Faheem

    good news

    • Desi

      Good bye Waird and hellow to Zong :)

  • Zafar Abbas Rizvi

    RIP Warid. I never used you but heared a lot good things about you. 2 minutes silence for those who sticked to Warid for its quality voice calling by sacrificing 3G.

    • Yasir Ali Raza

      Bhai Jan itna paryshan ni hoty yar

      • Zafar Abbas Rizvi

        Pareshan woh hon jo warid k users hyn. I said I never used Warid

  • Hassan Raza


  • Adeel

    Good bye Warid I’m gonna miss you but now I will cancel my warid number or port in because I hate Mobilink

    • Muhammad Faheem

      Am too thinking the same way… but what should one choose to port in

      • Faizan Ul Haq

        bohat he nazuk surat e haal hai -_-

      • Ahmed

        Zong is the best now. They have been quietly growing and improving everything!

      • Adeel

        Currently Telenor and Zong is the best options available yet choose one of them. Zong have the edge because of 3G and 4G network

        • Muhammad Faheem

          Na yr telenor is just pathetic…. Zong is relatively good

          • Adeel

            I’m also thinking to join the zong network

  • I’m happy Warid user since 2009! Hope this Warid/Mobilink merge will bring new attractive packages. Waiting. Let’s see.

  • Ghazanfar

    I am warid user since from its commercial lunch now confused what will happen. My warid Sim will access same warid network or Mobilink. Warid packages and postpaid platform will remain as it is or going to convert…
    Lots of questions

    • AbdulB1

      it is Same with mobilink users who are thinking what will happen to packages and internet tariffs.

  • Ahmed

    Warid tel give me a golden number. So thanx to warid & bye bye forever
    We always miss you warid launch in 2005

  • Shamim Akhter

    Looking forward to LTE service offerings by Mobilink; let’s see if they deliver on promise

    • AbdulB1

      8 mhz is not enough for LTE. To get max speeds you need 40 MHZ of spectrum at-least .

  • Asim Khan

    Mobilink + Warid = Only 1 thing which is great; coming out of this equation “Mobicash”

  • Sarah Hayat

    Lot’s of question unanswered – typical Mobilink!

  • Yasir Ali Raza

    AAMiR Bhai ap k khyaal say ab on net calls kab hoon ge ? Matlb complete merger for users , Maximium Time ??

  • Abubakar Siddique

    I’m happy Warid user since 2005! Hope this Warid/Mobilink merge will bring new attractive packages. Waiting. Let’s see.