Islamabad (APP): Telecom service group of Kuwait, MTC has offered to buy Warid Telecom cellular services in Pakistan for $805 million. There have been two rounds of talks for the deal between the two groups in Dubai during the last two weeks. Warid sources have said that the MTC group is very actively looking to get engaged in the cellular business in Pakistan and is talking to Warid for such a possible acquisition. Sources have said that the two managements met in Dubai recently and MTC offered $805 million for acquiring Warid. Warid Telecom has not yet conveyed acceptance or otherwise of the offer back to MTC.
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