Tag: consolidation

Getting Warid: In-market consolidation good: VimpelCom

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STAFF REPORT KHI: As rumours in telecom sector are spreading about telecoms group VimpelCom, which also owns Mobilink Pakistan, that it’s eyeing a bid for Warid Telecom, VimpelCom believes that in-market consolidation would be positive for Pakistan. A spokesperson for VimpelCom telecomsdeclined to comment on the news saying, we don’t comment on market rumours’, however, expressing optimism, he said, "we believe that in-market consolidation would be positive for Pakistan."…Read More