Norway’s Telenor as announced that it will sell 100% of its Pakistan unit to Pakistan Telecommunications Company (PTCL) in a deal worth 5.3 billion Norwegian crowns ($490 million).
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Telenor still seeking to offload Pakistan unit before the end of the year
News The operator has “several options on the table” for the unit, according to Group CEO Sigve Brekke Late last year, Norwegian operator Telenor announced that it was looking to sell its Pakistan unit, with analysts suggesting the business could fetch as much as $1...
Telenor invites bids for $1 billion Pakistan unit
News The Norwegian operator group is set to go ahead with the sale of its Pakistani unit, having been struggling under the weight of intense competition and rising energy costs According to reports today, Telenor has begun working with Citigroup to find potential...
Covid crisis spurs acceleration of 5G plans in Pakistan
The government says it is planning to rollout 5G in 2022-23
Wahyd Logistics integrates technology to Pakistan’s logistics sector
Press Release Increasing technology innovations are making big waves across industries, and logistics and the supply chain may be one of the most impacted sectors.With a population exceeding 210 million, Pakistan is the 6th most populous nation and the world. The...
Emergent Chooses Arc as Lead Consultant for the Orient Express Cable Connecting the UAE and Pakistan
Press Release Arc, a joint venture launched by du and Batelco, has been appointed by Emergent Telecommunications LL (Emergent) as the lead consultant for the Orient Express submarine cable system. Arc will provide consultancy services related to network configuration,...
VEON’s JazzCash strengthens Pakistan’s payments ecosystem with Mastercard partnership
Press Release VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and digital services, announces a partnership between JazzCash and payment technology leader Mastercard that strengthens the payments ecosystem for merchants and...
Infinet Wireless installs high-bandwidth network upgrade for NetSol CONNECT to service businesses across Pakistan
Press Release Infinet Wireless, the global leader in fixed broadband wireless connectivity, has upgraded the connectivity network of NetSol CONNECT, a leading Pakistan-based networking consulting and integration firm, to improve performance and robustness with the aim...
UAE telco Etisalat offers terms of $267 million to Pakistan govt to settle proceeds row
The sum is only around one-third of the outstanding total of $800 million, but this could be the only way to end the lengthy standstill
Pakistan towers deal collapses
Axiata cans towers acquisition worth close to US$1 billion after failing to clear regulatory hurdles
$1bn Pakistan towers deal going through regulatory approvals
Axiata’s acquisition of Pakistan Mobile Communications’ towers has received the thumbs-up from country’s competition watchdog
Axiata spends close to $1bn on Pakistan towers
Malaysian company further builds up its towers portfolio as Veon sheds more assets.
Pakistan’s electricity supplier relies on InfiNet Wireless to keep the lights on
Press Release InfiNet Wireless, the global leader in fixed broadband wireless connectivity, today announced that K-Electric Limited (KEL), formerly Karachi Electric Supply Company Limited, has decided to upgrade its wireless network infrastructure with InfiNet...
ZTE and Pakistan sign DTT agreement
Press Release ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced the company signed an agreement with Pakistan Television Corporation (PTV) on digital television...
China Mobile to plough $200m into Pakistan
Chinese telco’s Zong unit plans to extend 3G and 4G network coverage.
Telenor launches 4G in Pakistan
Telco offers free 4G Internet for a limited time in major cities, pledges speedy rollout to other locations.
VimpelCom to invest $1bn in Pakistan, create 5,000 jobs
Operator’s CEO shares plans for development in Pakistan following completion of deal that will see its Mobilink business merge with Warid Telecom.
Telenor to pay $395m for Pakistan spectrum
Norwegian operator is sole bidder for leftover 10 MHz of 850-MHz frequencies.
Telenor likely to be only bidder in Pakistan auction
Mobilink, Ufone and Zong will not participate in this month’s 850-MHz sale.
Pakistan telecom regulator OKs Mobilink-Warid merger
PTA imposes a number of conditions on merged entity designed to protect competition in Pakistan.
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