Telenor Finally Exits Pakistan, Joins MNC Exodus

Telenor finally exits Pakistan, joins MNC exodus

New Delhi, Jan 6 (SocialNews.XYZ) Telenor Group has finally exit Pakistan, announcing the successful completion of the sale of Telenor Pakistan to Pakistan Telecommunication Company Limited (PTCL), as the atmosphere to do business becomes extremely difficulty in the country. Telenor Group said in a recent statement that when the sale was announced on December 14, 2023, Telenor Pakistan was valued at NOK 5.3 billion on a cash-and-debt-free basis.…

PTCL finalises takeover of Telenor Pakistan and Orion Towers

Photo; PTCL Logo On December 31, Pakistan Telecommunication Company Limited (PTCL) completed the acquisition of 100 per cent shareholding of Telenor Pakistan (Private) Limited and Orion Towers (Private) Limited, concluding one of the largest transactions in Pakistan’s telecommunications sector. In a notice submitted to the Pakistan Stock Exchange, Pakistan Telecommunication Company Limited confirmed that the acquisition was finalised on December…

Game-Changing Telenor Pakistan Sale Complete: PTCL Takes Reigns in Boost to Telecom Sector

read the original version on: www.retailnews.asia The Telenor Group, a leading global telecommunications company, recently finalized its sale of Telenor Pakistan to Pakistan Telecommunication Company Limited (PTCL), a member of the international technology conglomerate e&. The transaction, first announced on December 14, 2023, saw Telenor Pakistan valued at NOK 5.3 billion on a cash-and-debt-free basis. The completion of the transaction certifie…