June 28, 2017 5:03 AM ET

Diversified Telecommunication Services

Company Overview of Wateen Telecom Limited

Company Overview

Wateen Telecom Limited provides communication services to organizations, individuals, carriers, and operators in Pakistan. It provides wireless broadband Internet, telephony, and cable TV services; virtual private network; DPLC/IPLC and IP transit; co-location services; managed capacity; dark fiber lease; lambda; and VSAT services. The company also offers multimedia and interactive TV services, including video channels; and fixed line services, trunking solutions, private branch exchange interfaces, universal access numbers, direct inward dial/direct outward dial numbers, IP telephony services, and long distance and international calling services. In addition, it provides enterprise solution...

Main Walton Road

Opp. Bab-e-Pakistan

Walton Cantt

Lahore,  

Pakistan

Founded in 2005

474 Employees

Key Executives for Wateen Telecom Limited

Chief Executive Officer and Director
Chief Financial Officer and Company Secretary
Head of Audit, Risk & Governance
Chief Commercial Officer of Carrier & Enterprise Business
Chief Commercial Officer of Broadband & Media Business
Compensation as of Fiscal Year 2016.

Wateen Telecom Limited Key Developments

Telenor Reportedly In Talks To Acquire Wateen Telecom

According to the latest news, Telenor ASA (OB:TEL) is holding talks with Wateen Telecom Limited to acquire, which will help the Pakistan arm of Norwegian cellular company to offer high-speed data services in the country as recently the cellular company has started 4g service. It counts to mention here that both Pakistan Mobile Communications Ltd. (Mobilink) and Telenor are separately holding meetings with Wateen, but nothing has been finalized as of yet. “We know we have to move to the next stage of services, as there is high demand of 4G in the country, for which we need one of fastest IT services,” one of the officials of Telenor said. According to sources the potential likely to occur pact with one of leading telecom companies in Pakistan, Wateen, was designed in Oslo. Sources also claimed that everything had been discussed, and only the official response by Wateen is on the waiting list.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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