Telenor to exit Pakistan with sale to PTCL
Telenor Group finalised the sale of its Pakistan mobile unit to Pakistan Telecommunications Company Ltd, creating the largest operator in the country with an estimated 70.6 million mobile connections.
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Telenor Group finalised the sale of its Pakistan mobile unit to Pakistan Telecommunications Company Ltd, creating the largest operator in the country with an estimated 70.6 million mobile connections.
ISLAMABAD: The average per-user revenue of the telecom sector stands at just $0.8 in Pakistan against a global average of $8, making it really harder to keep its survival in the market.According to...
PTCL was granted authorisation to present a binding purchase offer to target company after due diligence
PTCL group, IFC are at advanced stage for finalising $400m loan which may be utilised for securing Telenor transaction, sources say