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Telenor to sell Pakistan telecoms unit for $490 million - Vimarsana News

Telenor to sell Pakistan telecoms unit for $490 million

Telenor Pakistan, launched 18 years ago, and has 45 million customers, the company said in a statement.

Telenor to sell Pakistan telecoms unit for US$490 million - Vimarsana News

Telenor to sell Pakistan telecoms unit for US$490 million

OSLO: Norway's Telenor said on Thursday (Dec 14) it had agreed to sell its Pakistan unit to state group Pakistan Telecommunications in a transaction valuing the unit at 5.3 billion Norwegian crowns (US$490 million). The Norwegian group has been restructuring its Asian businesses, building bigger units in T

Telenor to sell Pakistan telecoms unit for $490m - Vimarsana News

Telenor to sell Pakistan telecoms unit for $490m

Its CEO says they had tried to do a merger but couldn't manage to get that

Telenor to sell Pakistan telecoms unit for $490 million, Telecom News, ET Telecom - Vimarsana News

Telenor to sell Pakistan telecoms unit for $490 million, Telecom News, ET Telecom

"We also tried to do a merger in Pakistan but we didn't manage to get that, and when we saw this wasn't happening the second-best alternative was to arrange a sale," Telenor CEO Sigve Brekke told Reuters.

How True and ZTE deployed FTTR in Wyndham Royal Lee Phuket - Vimarsana News

How True and ZTE deployed FTTR in Wyndham Royal Lee Phuket

Thai telco True Corp and ZTE on Thursday revealed details on their collaboration to deploy a ‘fiber to the room’ (FTTR) optical Wi-Fi solution for Wyndham Royal Lee Phuket that provides gigabit connections for every room in the hotel.