Etisalat set to resolve Pakistan dispute - Mobile World Live

Etisalat set to resolve Pakistan dispute

01 AUG 2012

Etisalat is set to resolve a dispute with the Pakistani authorities over a final payment for PTCL, the operator in which the UAE-based operator group is an investor, The Express Tribune reported. Apparently, Etisalat has withheld a payment of US$800 million due to the non-transfer of some assets into PTCL’s name, and the Pakistan authorities have now agreed to waive US$100 million of this to make up for the shortfall.

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