Telenor concerned over delay in sale of local operations
ISLAMABAD: Telenor Group has voiced concerns about the ongoing delays in selling its local operations to Pakistan Telecommunication Company Ltd (PTCL), stating that these delays have resulted in a continuous decline in Telenor Pakistan’s customer base.
In the first quarter report of the current calendar year, released in Norway, Telenor International stated that obtaining the necessary regulatory approvals for the divestment of Telenor Pakistan has taken more time than anticipated.
It hoped that Telenor Pakistan’s acquisition by the PTCL is expected to be completed in the second half of the........
© Dawn Business
