PROJECT

Projects

Summary of Proposed Investment

Project Number

25230

Company Name

WARID TELECOM INTERNATIONAL - L L C

Date SPI Disclosed

Apr 20, 2007

Country

Pakistan

Industry

Telecommunications and Technology

Projected Board Date

May 22, 2007

Status

Completed

Sector

Mobile Telephony

Department

WBG Digital and AI

Environmental Category

B - Limited

Project Description

The project consists of financing the construction, expansion and operation of a nationwide mobile cellular telecommunications network employing GSM technology in Pakistan. Warid Telecom (Pvt) Ltd (Warid or the company) was successful in winning a 15 year mobile license auctioned by the Pakistan Telecommunications Authority (PTA) in early 2004 with a bid of $291 million. The project total cost is estimated to be about $1.4 billion from June 2006 to June 2009.

Sponsor / Cost / Location

Development Impact