Mobilink and Warid today celebrated its 50 million customers in Pakistan through first official post-merger combined town-hall in Islamabad.
Event primarily organized to celebrate the conclusion of Mobilink-Warid Merger.
Central town-hall was attended by Jean-Yves Charlier, CEO, VimpelCom, Sheikh Nahyan bin Mubarak Al Nahyan, Chairman Dhabi Group and Chairman for Mobilink-Warid Board, Jon Eddy, CEO Emerging Markets VimpelCom, Aamir Ibrahim, CEO Mobilink, Jeffrey Hedberg (ex-CEO Mobilink), Mr. Muneer Farooqui along with his team and employees from both Mobilink and Warid Telecom.
With the merger, both companies now have 50 million combined customers, making Mobilink-Warid one of the largest telecom arm — in terms of subscribers and revenues — of VimpelCom that operates in 13 markets across Asia and Europe.
Mobilink and Warid, after getting all necessary regulatory approvals, have now initiated the formal process for merging both the companies.
The process, which could take up to another 12 months, will integrate all functions that both companies perform — including network, sales, distribution, support, management, finance, human resource, etc. — to become a singular firm in one year from now.
For the purpose extremely specialized teams are already in play.
With merger of both the companies, the combined entity will become biggest 2G, widest 3G and fastest 4G network of Pakistan.
While officials didn’t disclose anything about singularity of the brands — once the merger will be fully completed — it is said that Mobilink and Warid will ultimately become a single brand to serve its entire customer base under one umbrella.
Not to mention, after CCP, SECP, PTA, SBP approvals now its Islamabad High Court to give a final go ahead to Mobilink and Warid for the merger.
It merits mentioning here that till both the companies merge entirely (in an year from now), both Warid and Mobilink will keep operating as they were. Similarly, customers will also keep getting services from both companies separately as before.
