Ufone GSM

Home

Press Release

Ufone signs another Rs.4.5bn term loan facility
ISLAMABAD: April 18, 2008 - Ufone signed a PKR 4.5 billion Syndicated Term Loan Facility here at one of the leading hotels. The facility was advised and arranged exclusively by United Bank Limited (UBL). This is in result to the banking sector’s increased confidence in Pakistan’s leading telecom company yet again and offering support to further expand its network, both in terms of capacity and coverage; both in existing and new cities. This agreement is basically a result of the Pakistani financial market being largely impressed by Ufone’s expansion plans, strong cash generation ability and the vast experience of the Etisalat management. All these financial institutions, with this massive plan, are planning to act as alternative investors for telecom growth in the country – alongside the key telecom players. Signatories of the UBL led facility were Mr. Abdul Aziz, President & CEO Ufone, Mr. Atif Bokhari, President UBL, Mr. Zakir Mahmood, President HBL, Mr. Jamal Baquar, Acting President Crescent Bank and Mr. Shahab Bin Shahid from Bank Alfalah Limited. Also present at the two ceremonies were Ms. Sima Kamil, Group Executive Corporate Banking Group HBL, Mr. Nadeem Khan, CFO Ufone, Mr. Ehtashamullah Khan GM Treasury Ufone, Mr. Hassan Raza, Group Executive Corporate Banking UBL and Mr. Nauman Ansari, Country Head Corporate Banking Crescent Bank. Ufone is an Etisalat Group Company with the second largest cellular operator base in Pakistan with more than 16m customers. Ufone services are spread across all the major cities, towns, villages and tehsil head quarters in Pakistan. The company employs more than 2200 people and operates with a network of more than 365 franchises and 25 company-owned customer service centers along with a distribution network of 150,000 outlets nationwide. powerd by ufone www.palzest.com visit and become our part

Ufone notifies all its valued subscribers against replying to or acting upon any call or SMS received which claims to double your balance, win bumper prizes, cash rewards, discount vouchers, or any other surprise gifts. Beware of any SMS which contains a string like '03332597334u2u50' or any call that asks you to give the number on the back of a scratch card as this is fraud and will cause you a loss.
Remember, if you receive any such SMS or calls call 333 from your Ufone immediately.

Attention all Ufone Prepaid and Postpay customers! As per new Government Income Tax (Amendment) Ordinance 2011, withholding tax upon each Prepaid balance recharge and Postpay bill payment has been decreased from 11.5% to 10%. This new tax amendment is applicable from 1st July, 2011.

Note: From 21st September 2012, calls to 333 from Ufone prepaid numbers will be charged at Rs. 1.50 + tax per call however charges for speaking to Ufone customer care representative will be reduced from Re.1.00 to Rs.0.75 + tax per call.