PTCL raises US$400 million to fund Telenor Pakistan buyout

The Abu Dhabi Investment Authority (ADIA) is set to sell around half of its stake in Ooredoo Group in a move to raise additional capital on the Qatar Stock Exchange.

State-owned telecom service provider BSNL has enjoyed a couple of decent headlines in the past week, unlike its much smaller sister company MTNL, whose financial woes seem to be worsening.