Etisalat/PTCL revive acquisition talks

17 Nov 2005

Etisalat of the UAE and Pakistan Telecommunications Company Ltd (PTCL) have agreed to continue talks over Etisalat’s acquisition of a 26% stake in PTCL. The sale was called off after Etisalat failed to meet the 28 October deadline for payment of the outstanding USD2.34 billion, but the two parties now hope to salvage the deal. A series of meetings will now be held to discuss outstanding issues.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share