How to Share Balance Code for Ufone, Zong, Warid, Telenor, Mobilink
Share Balance Ufone Sim Code
Share Balance Zong Sim Code
Share Balance Warid Sim Code
Share Balance Telenor Sim Code
Share Balance Mobilink Sim Code
Ufone
PTML is a wholly owned subsidiary of Pakistan Telecommunication Company Limited. Following PTCL's privatization, Ufone became a part of the Etisalat in 2006.
Ufone is the smallest mobile service provider in Pakistan with a subscriber base of 23 million.
It has a market share of 12%, the least among all four mobile operators.
Ufone had appointed Rashid Khan as its CEO who had been the CEO of Mobilink (now Jazz) from 2008 to 2014.
He was appointed as acting CEO again in August 2017. Rashid Khan died on 17 December 2020.
Jazz
Formerly known as Mobilink, the company was founded in 1994 as a joint venture between Saif Group and Motorola Inc.
In February 2001, Egypt based Orascom Investment Holding bought Motorola’s shares in Jazz to become the majority shareholder with 69% control.
Then, in June 2007, Orascom further purchased the remaining shares under Saif Group’s control to become Jazz’s 100% owner.
In 2010, Russian operator Vimpelcom (now VEON Ltd.) agreed to acquire most of the telecom assets of Orascom, including Jazz, in a $6.5 billion deal, creating the world’s fifth-largest mobile network operator by subscriber base.
In November 2015, Orascom Investment Holding announced the 100% acquisition of Pakistan’s Warid Telecom, a subsidiary of Abu Dhabi Group.
Completed in July 2016 after due approvals, the first-ever local telecom company acquisition created a combined subscriber base of 50 million.
Following the merger of Mobilink and Warid, Mobilink was officially rebranded to Jazz in 2017. As of June 2022, Jazz has 75 million subscribers in Pakistan, among which 38 million are 4G/LTE subscribers.
Veon will buy the remaining 15% shares in Jazz from Abu Dhabi Group for 100pc ownership.
In March 2021, VEON completed the acquisition of 15 percent shares held by Abu Dhabi Group for US$273 million.
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