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OSLO (Reuters) -Norway's Telenor said on Thursday it had agreed to sell its Pakistan unit to state group Pakistan Telecommunications in a transaction valuing the unit at 5.3 billion Norwegian ...
Telenor Pakistan (Pvt.) Limited is a Pakistani wireless network operator headquartered in Islamabad, Pakistan. Khurrum Ashfaque is the current chief executive officer (CEO). [2] Telenor started its operations in Pakistan in March 2005. Over the years, Telenor invested more than $2 billion in terms of foreign direct investment (FDI) in Pakistan. [3]
Rank Operator MCC / MNC Tuple Number Prefix Technology Services Ownership Total Subscribers as of January 2025 [1]; Mainland Pakistan AJ&K/Gilgit-Baltistan; 1 Jazz (PMCL - Pakistan Mobile Communications Limited)
Also in 2021, it was the sponsor of the Ufone 4G Football Cup in Pakistan. [9] [10] In December 2023, Ufone CEO Hatem Bamatraf announced it had agreed to acquire 100% of Telenor Pakistan Ltd. [11] Specifically, Ufone's owner PTCL agreed to acquire Telenor in Pakistan for $500 million. In May 2024, Pakistan's antitrust authority warned against ...
Telenor also operates the national terrestrial broadcast network in Norway, through its subsidiary Norkring. Thor is a family of satellites owned by Telenor. On 11 February 2008, the THOR 5 satellite was launched into geostationary orbit.
Pakistan Telecommunication Company Ltd., commonly known as PTCL, is the national telecommunication company in Pakistan. [ 1 ] [ 3 ] PTCL provides telephone and internet services nationwide and is the backbone for the country's telecommunication infrastructure.
Telenor Microfinance Bank was originally founded as Tameer Microfinance Bank and was acquired by Telenor Pakistan in 2008. [5] [6] Later, in 2018, Ant Group also acquired a stake in Telenor Microfinance Bank through its subsidiary Ant Financial. [7] [8] In January 2023, Easypaisa launched the debit card. [9]
ISLAMABAD (Reuters) -Pakistan on Thursday gave a last warning to all immigrants in the country illegally, including hundreds of thousands of Afghan nationals, to leave voluntarily before a Nov. 1 ...