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 ......
Pakistan Telecommunication Company Limited (PTCL) in its unofficial meeting with Warid in January showed its intention to take stakes of Warid’s operations in Pakistan. The Nation has learnt that the deal is to be fixed in the mid of February, while Telenor has quit its deal to buy stakes of Warid in Pakistan. Though PTCL management has ......
Wateen Telecom Limited (WTL) has planned to offer 110 million ordinary shares to the general public at a price of Rs 10 per share with a greenshoe option of 90 million shares, it is learnt. In this regard, WTL has applied for listing at Karachi Stock Exchange (KSE). Arif Habib Limited has been mandated to act ......
As a result of the great struggle and pressure of PTCL workers, a referendum is being conducted. The management wants to use this referendum to ensnare and divide the workers, but the workers have to use this democratic process to organize and unite in the struggle for their rights. If the privatization of PTCL (Pakistan ......
Pakistan will receive a payment of $800 million by the end of March from the UAE's company - Etisalat for a stake in Pakistan Telecommunication Co (PTCL), Pakistan's Minister of Privatisation said on Wednesday. In 2006, Etisalat, the Gulf Arab region's second-largest telecom firm, signed an agreement to purchase a 26 per cent stake in PTCL ......
Etisalat has not paid $1 billion to Pakistan's government for its 2006 purchase of a 26 percent stake in Pakistan Telecommunication Corp, the country's largest telecoms firm, because of a dispute over ownership of several properties. A senior official from Pakistan's government, who declined to be named, told the newspaper the government was owed close...
