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Who owns Warid?

Published in Business 1 min read

Warid Telecom is owned by Zain Group, a leading mobile telecommunications company based in Kuwait.

History of Warid Telecom:

  • Warid Telecom was founded in 2004 in Pakistan.
  • In 2010, Zain Group acquired a controlling stake in Warid Telecom.
  • In 2016, Warid Telecom merged with another mobile operator, Mobilink, to form Jazz, the largest mobile operator in Pakistan.

Zain Group:

  • Zain Group operates in 8 countries across the Middle East and Africa.
  • The company provides a range of telecommunications services, including mobile voice and data, fixed-line services, and broadband internet.
  • Zain Group is listed on the Kuwait Stock Exchange.

Warid Telecom Today:

  • Although Warid Telecom no longer exists as an independent entity, the brand name is still used for some of Jazz's services.
  • Zain Group continues to be a major player in the telecommunications industry in Pakistan through its ownership of Jazz.

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