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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 ...
PESHAWAR, Pakistan (Reuters) -Pakistani authorities began rounding up undocumented foreigners, most of them Afghans, on Wednesday, ahead of a midnight deadline for them to leave or face expulsion ...
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 wrote off the value of its Myanmar unit in May, booking a loss of 6.5 billion Norwegian crowns ($752 million), after its mobile business remained severely restricted following the Feb. 1 ...
[4] [5] The 4G license was bagged by Zong (as well as 10 MHz 3G license), while the 3G licenses were auctioned to Telenor (5 MHz), Mobilink (10 MHz) and Ufone (5 MHz). While Warid Pakistan was the only operator in Pakistan not to bid on the auction; Later on, Warid started LTE services using a previously acquired technology neutral license. The ...