Warid Denies Rumors Regarding Selling its Stakes

By Ahsan Javed · Sunday, Feb 7, 2010 0 Comments

Fews days back, this news has been all over online Pakistani news and blogs that PTCL may be purchasing shares of Warid. As the news of unofficial meetings between Warid and PTCl were on air through authentic resources, but Warid responses back aggressively denying all the news regarding its sellout. Chief Executive Officer Warid Bashir A. Tahir said that these are all just misplaced news in an official press release.

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.