TechLahore

Warid Telecom’s cell phone service has been quite a success story. They’ve grown their subscriber base rapidly and are well poised to deliver other services to their customer base. A couple of the big infrastructure efforts they’ve been working on have been through their parent company, Wateen. They’re planning to build their own high-bandwidth Fiber network throughout the country and are also delivering WiMax services to consumers and businesses in Pakistan.

Their investment in Pakistan hasn’t stopped though, because Wateen and Warid see tremendous growth potential over the coming years. Their CEO, Marwan Zawaydeh, and Chief Commercial Officer, Thomas Yeo, recently announced that they would be investing a further $1.5BN in infrastructure development in Pakistan over the next 18 months. Some of this money will be used to double their cell towers to 5,000 sites by end of 2008. Good going Warid! Quotes from a news story and a link to the article after the break.

Warid Telecom Pakistan further investment to reach one point five billion by end of year
Thursday, 22 May 2008 20:01 Pakistan Daily
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The Warid Telecom’s total investment in Pakistan will touch $1.5 billion by the end of this year while the company will further increase its investment in the telecom sector by $1 billion by the end of 2009.

Warid Telecom Chief Executive Officer (CEO), Marwan Zawaydeh, disclosed this while addressing a news conference organised here Wednesday to share the company’s achievements, recognitions and future plans after completing three years of successful operations in Pakistan. Warid Telecom Chief Commercial Officer Thomas Yeo also spoke on the occasion.

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