WorldCall Telecom Gets $35 Million Loan

By  · Saturday, Mar 19, 2011 0 Comments

The NEWS today reported that WorldCall Telecom Limited has availed a syndicated $35 million loan facility for the company’s expansion and availed the financing against corporate guarantee of Oman Telecommunication Company, the parent company. Askari Bank Limited has provided $35 million facility for a term of seven years with a grace period of...

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Etisalat May Further Delay Payments to Pakistan

By  · Friday, Mar 26, 2010 0 Comments

Etisalat will likely withhold its fifth payment in a row, due at the end of this month, to the Pakistani Government for the acquisition of a 26 per cent in Pakistan Telecom (PTCL) as a dispute over the transfer of properties to PTCL remains unresolved. "Until now, the government [of Pakistan] has not released a list ......

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