PTCL raises US$400 million to fund Telenor Pakistan buyout

Posted on April 11, 2024 by Guest authors

Pakistan Telecommunications Company Limited (PTCL) says it has raised US$400 million in debt financing to cover the cost of its planned acquisition of Telenor Pakistan.

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Operators

Globe Telecom upgrades multiple sites to LTE

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June 18, 2024
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Globe Telecom built 116 new cell sites and upgraded 812 mobile sites to LTE in Q1 this year.

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June 24, 2024
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The US is experiencing a significant boost in 5G performance as major carriers deploy newly acquired mid-band spectrum. Recent data from Ookla’s Speedtest Intelligence reveals substantial improvements in download speeds and network quality across…

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April 30, 2024
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The Federal Communications Commission (FCC) has fined major US telcos for illegally selling their subscribers’ location data to third-party data brokers. According to an FCC statement, AT&T, Verizon, Sprint, and T-Mobile US – the latter two h…

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