Pakistan Telecommunication Company Limited (PTCL) has officially denied any talks with Zong or anyone else for a buyout, ProPakistani has confirmed.
It maybe recalled that local media had recently reported that Zong was in talks with Etisalat for buyout of PTCL and Ufone. Media reports had wrongly claimed that Zong and Etisalat had met on the matter at least twice during the past few months.
PTCL however, has refuted these reports and confirmed with ProPakistani about no such development going on.
A PTCL spokesperson had this to say about the ongoing media reports about buyout talks:
PTCL, on confirmation from Etisalat, would like to categorically state that no discussions regarding the sale of Etisalat’s stake in PTCL and its subsidiary Ufone to any company, have taken place.
PTCL said that Etisalat remains committed to its business in Pakistan and continues to work for its success.
It maybe recalled that PTCL is 62% owned by Government of Pakistan, 26% owned by Etisalat while remaining 12% shares are traded publicly on Pakistan Stock Exchange.
Mobilink also denied Acquiring Warid many times before official confirmation made. So rumours will only get stronger after this statement as Zong CEO already hinted for the acquisition of a company in Pakistan near Future. And keeping Zong’s increasing interest in PTCL’s infrastructure in mind It is evident that Zong is keen to buy Etisalat even at a high price to maintain its dominance in Pakistan’s Wireless broadband market.
Mobilink never denied, it always said that it won’t comment on rumors.
What was the meaning to deny true rumours? There are many secrets that companies want to keep confidential before going official. So is the case of Zong and Etisalat as Etisalat has shares in Govt. property.
Don’t know what you are saying. But here’s the norm: You don’t lie, officially. You remain quite on things that you don’t want to go public about.
Dear aamir this is just my point of view and I can definitely be wrong. We just have to wait ?
Dear Aamir. It was published in detail in daily express in August and story was released from APP. Did you check with APP before asking PTCL and posting this news? APP is GOP organisation and I don’t think they do irresponsible reporting
Jee I know what APP is :-)
Lol, PTCL should send notice to APP.
Aamir Bhai Ye Kia Ha Phir Ufone Available Zong Available
, Warid, Telenor, Mobilink Forbidden https://uploads.disquscdn.com/images/783008ee9671222e34cd80b9b47c8b15c115cf6ccb8d1e86803eafea58994942.png
100% Agree Check This https://uploads.disquscdn.com/images/e2d49fdfce5a653c1ab3b0036f8610475cca5d63c5b4ca9c38ee45c22dd234bd.png
Does it get register as well or only available option is showing?
Just Available
There is something seriously wrong with Zong MiFi devices, after seeing your post i made network search on my Zong network locked MiFi and all other networks showing as “Available” but when I made network search from my Zong sim on my OPPO F1 plus only Zong is showing Available status and rests are Forbidden. Then I repeat my search from Telenor and result remained same. So problem is with Zong devices not with networks. https://uploads.disquscdn.com/images/6a4beb0fd46e390ecceb5576a9c27d459d3dedd24962249a3a4cbdefaecbd0ac.png https://uploads.disquscdn.com/images/b1872cc3d046266a40aa8fd8a626f2426d00e10a4b00f2595b0da60d6716cd7a.png https://uploads.disquscdn.com/images/414e02b2f85160548cb6124fdff3dc84fd56fb7698a54202ef461533880a86d1.png
Meri Device Main Aysa Kuch Nahi Ha Har Network Ki SIM Par Other Network Forbidden Aata Just Ufone Ki SIM Par Zong Available Aata Ha Wo Bhi Makhsoos Ayria Main
Meri device myn to saray hi available aa rahay hyn
please buy ptcl, this time 100% stakes, and provide us FTTH *.*
About time. Although PTCL has started FTTH services in some areas of Islamabad on test basis and in Bahria Enclave Islamabad they are already providing it to all houses after an agreement with Bahria Town.
ptcl sucks offering monoply prices, 100mb for more than 20k i guess, which sucka
100 mbps internet speed?
yeah ptcl offers that on gpon
Significant Government stake in PTCL/Ufone, would be a painstakingly arduous buyout but lets see..
Yesterday i read this story on phone world according to them 3 meetings have been done between zong and etisalat.dont know which one is true.
اس خبر میں صداقت لگتی ہے کے زونگ یوفون کو خرید رہا ہے کیونکہ کہ یوفون نے فور جی کے لئے درخواست بھی نہیں دی بولی میں حصہ لینا تو دور کی بات اور چائنا راہداری کی وجہ سے زونگ کو بہت بڑے نیٹورک کی ضرورت ہے کیونکہ کے چائنہ کی آدھی سے زیادہ برآمدات پاکستان کے رستے سے ہو گی اس کے لئے یوفون اور پی ٹی سی ایل سے بہتر کوئی چوائس نہیں اور ہمیں یاد ہے جب وارد موبی لنک کی کہانی دی نیوز نے بریک کی تھی تو عامر بھائی نے اسی طرح کا آرٹیکل لکھا تھا یہ نہیں ہے کہ عامر بھائی کو اندر کی بات کا نہیں پتہ تھا بلکہ ان خبر چھپانے کا حکم تھا بقول عزیزی کے صحافیوں کو خبر لگانے کے بھی پیسے ملتے ہیں اور خبریں چھپانے کے بھی