The News today published that a list of 13 telecom and mobile companies defaulting by Rs40 billion has been presented to the Public Accounts Committee (PAC). The PAC while expressing concern over the accumulation of huge defaulting amount asked the government to take urgent steps for recovery of the said amount from the defaulting companies. The...
Fews days back, this news has been all over online Pakistani news and blogs that PTCL may be purchasing shares of Warid. As the news of unofficial meetings between Warid and PTCl were on air through authentic resources, but Warid responses back aggressively denying all the news regarding its sellout. Chief Executive Officer Warid Bashir A. Tahir...
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 ......
