Telenor concludes strategic review in Pakistan with sale of Telenor Pakistan to PTCL
Retrieved on:
Thursday, December 14, 2023
Oslo, Islamabad, Singapore, 14 Dec 2023: Telenor Group today announces the sale of its Pakistan telco operations to Pakistan Telecommunications Company Ltd (“PTCL”), which is part of technology and investment group e&.
Key Points:
- Oslo, Islamabad, Singapore, 14 Dec 2023: Telenor Group today announces the sale of its Pakistan telco operations to Pakistan Telecommunications Company Ltd (“PTCL”), which is part of technology and investment group e&.
- The sale is part of Telenor’s strategy to build scale and market-leading players in Asia, as presented at the 2022 Capital Markets Day.
- It concludes the strategic review of the telco operations in Pakistan, which was announced in July 2022.
- We thank and acknowledge the commitment of the Telenor Pakistan team and partners, who will continue to serve customers well in the transition.