ISLAMABAD ( MEDIA REPORT ) The Senate Standing Committee on Information Technology on Tuesday gave Etisalat, the Privatisation Commission and the federal government one month to settle the agreement regarding the sale of the Pakistan Telecommunication Company (PTCL). “PTCL should be nationalised if a settlement cannot be reached,” Committee chairpersonRead More →
ISLAMABAD ( MEDIA ) Although still a giant in the telecom sector, with total assets of Rs240bn and a market capitalisation of Rs130bn, the Pakistan Telecommunication Company Ltd’s market share has been diluted by the entry of mobile operators. The PTCL — once the sole provider of fixed line servicesRead More →
ISLAMABAD ( MEDIA ) After years of struggle, Pakistan has finally decided to settle the dispute with Etisalat –the buyer of 26% shares in Pakistan Telecommunication Company (PTCL) – over $800 million outstanding payments by forgoing an amount equal to the value of those properties that it cannot transfer inRead More →
ISLAMABAD (MEDIA ) Finance minister Senator Ishaq Dar has directed chairman of Privatisation Commission to get resolved the issue of transferring of properties in the name of PTCL within two weeks so that the government could get $800 million from the Etisalat. According to a press release, he gave thisRead More →