Etisalat Ready to Pay PTCL Privatization Dues After Getting 3G Spectrum License

Etisalat Ready to Pay PTCL Privatization Dues After Getting 3G Spectrum License

Etisalat-PTCL and 3G Mobile License

Etisalat-PTCL and 3G Mobile License

(News Report Published in Daily Express Lahore on Sunday, February 23, 2014)

Islamabad (Sun, Feb 23, 2014) – UAE based telecommunication, Etisalat has offered to pay remaining due of PTCL privatization (80 million dollars). This transaction will be completed after receiving 3G/4G advanced mobile spectrum license.

This offer has been made in a meeting of Etisalat official with finance minister Mr. Ishaq Daar. This meeting was held in  Dubai (UAE) last month.

Government of Pakistan is planning to conduct 3G mobile spectrum auction in the last week of March. It is expected that the whole process will complete on April 15, 2014. Total six licenses are being planned to sale through auction. Three Licenses for 3G Slot, 2 Licenses for 4G slot and One for new telecom firm.

Pakistan Telecommunication Authority (PTA) is conducting technical aspects of mobile auction with the help of Value Partners Management Consulting Limited (Consultant ).

PTCL was privatized in 2006. Twenty six percent shares was handed over to Etialat with complete management control. After the privatization PTCL has layoff almost 40 thousands employees through voluntary separation scheme (VSS).  Theses retirement scheme was launched in 2008 and 2012. Recently again VSS has been offered to lot of PTCL regular officers.

Etisalat Ready to Pay PTCL Privatization Dues After Getting 3G Mobile Spectrum License

Etisalat Ready to Pay PTCL Privatization Dues After Getting 3G Mobile Spectrum License

5 Comments


  1. PTCL employee k sath jitna bhi bura ho raha hai is sub ka zimidar Ziauddin or Lala hanif hen jo Management k sath mil kr employee ka khoon choos rahe hen.

  2. habiburrehman says:

    Hum Bakao Mall Hain+ Hamain Pessa Chahiyee Bus PEssa + Hum is k liyee Apny Old pesioners ko qurban karny k liyees tayyar hain + Hum + Etesalat PTCL Empoyees k bachon ko maro + Burown ko maro + Nojawano ko maro + aur to Judge Wakeel Kharidny ki kia zarorat hi apny Supreme Court Banalo

  3. habiburrehman says:

    There is a question. Etisalat has no eyes before buying PTCL. Now he had buying every lawyers + judges + PTET Officers and PTCL officer to terminates old pensioners rights and making their own supreme court for justice Or Our Governement has making dramas and getting huge amount from etislate. This is privatelization


  4. WAH! ETISALAT PAKISTAN WAH! WAH BHAI WAH!
    ETISALAT-PTCL AGAINST 26% SHARE OF PTCL CONTINUE BLACK MAILING ENTIRE PAKISTAN. IN INITIAL BID DEAL MUTALLY AGREED WITHOUT PROPERTY. ETISALAT STOP BID AMOUNT PAYMENT & SO CALLED DEMANDED INCLUDE PTCL PROPERTY. NOW AGAIN BLACK MAILING SECOND PHASE DEMANDING 3G MOBILE LICENSE. GOVT OF PAKSITAN IN OPEN MARKET AUCTION 3G & 4G & ADVISE TO ETISALAT-PTCL PARTICIPATE IN ACUTION. PAYMENT OF 26% SHARE OF PTCL IS A DIFFERENT MATTER. NOT TO JOIN WITH 3G. CJP MAY TAKE NOTICE AGAINST ETISALT FOR THIS CONDITIONS.

  5. Syed Shahid Ali says:

    No one here to ask why this company was sold without receiving the cost. The thought from Mushraf to Nawaz all same they are dishonest with Pakistan as well as peoples.

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