Tuesday, 22 April 2014

Warid 4G launch bubble bursts, CEO Warid clarifies to PTA


Warid 4G

As reported in the morning that Warid will not be able to launch its 4G LTE services at least by the end of this year, it has been made clear in a recent meeting between CEO Warid Telecom Muneer Farooqi and Pakistan Telecommunication Authority (PTA) Chairman Dr. Ismail Shah.


There has been news making rounds in the telecom sector that Warid is going to launch 4G services instead of bidding for the license like all its competitors on 23rd April. Reportedly they were going to make use of their technology neutral license that was issued to them for their 1800 MHz band at the start of their operations in Pakistan. This created a great hustle in the telecom sector as the 4 players who had applied for licenses thought to have been fooled. PTA Chairman Dr. Shah took notice of the situation and asked CEO Warid to meet him in PTA headquarters before the auction of 3G and 4G licenses.
During the meeting Warid lead man told the telecom regulator’s head that they have no plans of sabotaging the multi-million dollars investment in the country.


Read more at MoreMag.pk

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