Tag: Etisalat
Ali Raza Mehdi enters the ZONG family today!
According to latest reports ZONG has appointed Ali Raza Mehdi as the Head of Human Resource, Administration and Security. He will now bear human resources responsibility for China Mobile Pakistan.
PAK-UAE Dialogues For The Recovery Of $800 Million From Etisalat End Up With No Results
Pakistan Telecommunication Company is Pakistan’s state owned telecom company but few of its shares are sold to the foreign UAE Company named as Etisalat. The reason for PTCL’s privatization is its smooth running and to equip it with latest technological advancements. Etisalat group has bought 26% shares of PTCL but the problem is that Etisalat [...]
Former Indian Telecom Minister Taken to Court of Law
Former telecom minister of India Andimuthu Raja has arrested and Police presented him in front of court but the hearing is deferred. Not only minister but the other government and telecom industry officials are also arrested by the Indian police. The accused minister and other officials are included in the telecom sector corruption.
Cabinet Comitte Deliberates on LDI- 3G Licenses & PTCL Issues
The first round of the Cabinet’s Ministerial Committee meeting constituted by the Federal Cabinet for examining the matters concerning the Share Purchase Agreement on Pakistan Telecommunication Company Limited (PTCL) with M/s Etisalat and auction of 3G Spectrum and LDI licenses held here today. Senator Waqar Ahmed Khan Federal Minister for Privatisation is the convener of the Committee.
Meeting to Examine PTCL Share Purchase Agreement With Etisalat
Federal Minister for Privatisation Senator Waqar Ahmed Khan has convened a meeting of four-member committee on September 28, 2010 in Islamabad for examining the matter concerning Share Purchase Agreement (SPA) of Pakistan Telecommunication Company Limited (PTCL) with M/s Etisalat and auction of 3G Spectrum.
Etisalat to Send $100 Million as Profits to UAE in 2010-11
Etisalat International Pakistan (EIP) is likely to send $100 million as profits to the United Arab Emirates in 2010-11, reveals a document available with The News.
It sent back about $475 million during previous three years, which is about one fifth of the price it paid for PTCL, since taking over the management of the company, according to the data in the document.
Etisalat Asked to Pay $500m Said Finance Minister Hafeez Shaikh
Pakistan has sought an emergency payment of at least $500 million from UAE’s Etisalat the majority shareholder of Pakistan Telecommunication Company Limited (PTCL) to avoid a breach in the current year’s fiscal deficit target. In return, the government has made a firm commitment to the Etisalat that it would transfer the company’s all properties to [...]
Ufone & ICAP Sign MOU
Ufone one of the leading cellular providers in Pakistan recently signed a Memorandum of Understanding with The Institute of Chartered Accountants of Pakistan (ICAP) where members of the Institute will be provided special rates on BlackBerry and postpaid services provided by Ufone. This is indeed a step towards the right direction as all ICAP members [...]
Recovery of $8 Million Balance Amount From Etisalat: Government Should Not Waste Time
It is in the interest of the government to move forward and recover the balanced amount of 8 million dollar from Etisalat instead of wasting time on non-issues, which are not part of the contractual obligation. This was stated by federal minister for privatisation Waqar Ahmad Khan while briefing National Assembly’s standing committee on privatisation [...]
PTCL Arbitrarily Increased Its Local Call Charges by 50 Percent From February 2010
The Pakistan Telecommunication Company (PTCL) arbitrarily increased its local call charges by 50 per cent from February 2010 without obtaining the mandatory permission from the telecoms regulator, it emerged on Monday. The phone utility, which was sold in 2006 to the Emirates Telecommunication Corporation better known as Etisalat did not bother to properly inform its [...]
