Pakistan has seen a decrease in international call charges in the past few years. The major decrease has been a result of the illegal exchanges that have been damaging the revenues of the licensed operators. Association of Telecom Long Distance Operators (ALTO) is of opinion that the local operators also have a tough time because Pakistan […]
In a latest advancement the National Assembly’s standing committee on IT and Telecom has voiced its concern over the problem of recovering of payments that are due by telecom companies.
ISLAMABAD (August 05 2009): Etisalat International, buyer of the management control through purchase of 26 percent shares in Pakistan Telecommunication Company Limited (PTCL), has threatened to approach arbitration court in London if the GoP resorted to issuing Long Distance International (LDI) licence to China Mobile, official sources told Business Recorder.
“Etisalat is contesting the anticipated award of LDI licence to China Mobile as a breach of the Shares Purchase Agreement (SPA) and guarantees given to it,” sources said. Etisalat has already withheld payment of last tranche of about $780 million because according to it the GoP failed to transfer properties in the Punjab and Sindh in favour of PTCL.