Wateen’s Initial Public Offering

News, Thoughts
I got this in my mailbox today (since I am a Wateen consumer since Dec 2007) Dear Valued Customer, Wateen Telecom is a group company of Abu Dhabi group. Abu Dhabi Group is one of the largest business groups in the Middle East and the one of the largest foreign investor in Pakistan. Abu Dhabi group owns Wateen through Warid Telecom International and Bank Alfalah Limited which hold 79.8% and 20.0% shares respectively. Wateen’s successful four years of operations in the telecom industry of Pakistan speak for itself, as it successfully deployed the largest commercial and first nationwide 3.5 GHz WiMax network rollout in the world covering 22 cities and 1,100 sites with over 160,000 wireless broadband customers (60% of wireless Broadband market), 12,000 Broadband customers over fiber and 2,700…
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Warid Postpaid Issues – had to MNP my cell number

Pakistan, Personal, Reviews
I moved from Warid to Ufone in April, I forgot to mention that. Thanks to MNP the move was smooth and easy. Now let me tell you why I moved. First of all, there are billing issues in Postpaid. They have two SMS packages Zoom Limited SMS Package offering 750 messages per month and Zoom Unlimited SMS Package offering 7,500 messages per month When you activate any of these packages (for the first time) the package is charged double. So e.g. you activate Zoom Unlimited and it costs approx Rs. 300 per month so it will be charged twice, once as ACTIVATION CHARGES and second as monthly charges (WTF!!) (more…)
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