Pakistan Telecommunication Company Limited (PTCL) has taken notice of recent media reports suggesting a possible change in e&’s (formerly Etisalat) investment position in Pakistan and has strongly rejected such claims.
A company spokesperson said that the reports circulating in the media are baseless and based on speculation, adding that such unverified information can create unnecessary uncertainty in the market.
PTCL emphasized that its shareholders remain fully committed to the company’s long-term growth strategy.
The spokesperson highlighted that key initiatives, including the acquisition of Telenor Pakistan, investment in 5G spectrum, and nationwide expansion of fibre infrastructure, reflect this long-term commitment.
It was further stated that e& (formerly Etisalat), as the managing shareholder, remains fully involved in PTCL’s future plans and strategic direction.
PTCL reiterated its commitment to delivering continued value to its customers, stakeholders, and shareholders through sustained investment and operational growth.
Not only PTCL but Etisalat should also respond and deny such reports.
May Nation know when etislat will pay remaining 800B USD of PTCL
I think the UAE will exit ,as i spend arround 22 years in UAE & i understand the mentality of Arabic public
Pakistan may jitnay government Edaray hn sab ky sab corruption sy bharay huway hn, aur slogan kia( no corruption).
Jis country ka President, Prime minister corruption may involve ho wahan ky Edaray kaisay saaf hongay.
PTCL, KESC, Sui Gas, KWSC bhi un may sy hn.
Jab tak (Jo bhi company purchase karay) full purchase karay, Q ky 20% ya jitnay % bhi apnay pas rakhti hy us may hi corruption karti hy jis sy us company ko lost hota hy. Local companies ko pata hy is lya woh purchase nahi karti.