Telenor Pakistan

The board of Pakistan’s national telecoms operator PTCL reportedly gave the green light to make an offer for Telenor Pakistan for between $800 million and $1. 2 billion, potentially creating the second-largest operator in the country by connections.

Telenor Pakistan signed to renew a 15-year licence issued by the Pakistan Telecommunications Authority (PTA) under protest after paying the final instalment of a disputed fee, as it appeals a court decision which rejected its claim, The Nation reported.

Telenor Pakistan CEO Irfan Khan (pictured) expressed guarded optimism about the country’s digital vision, as the government moved ahead with reforms to lower tax burdens on consumers and operators, and increase spectrum availability.

Jazz and Telenor Pakistan each paid the government half of a controversial mobile licence renewal fee, as part of goodwill payment of close to $450 million to avoid service disruption.

The Pakistan government renewed the spectrum licences of the country’s three largest mobile operators for an estimated $1. 37 billion, Business Recorder reported.

Edotco, the tower arm of Malaysia-based Axiata Group, signed site sharing deals valued at up to $80 million with the three largest mobile operators in Pakistan: Jazz, Telenor Pakistan and Zong.

LIVE FROM AR & VR WORLD, LONDON: A Telenor Pakistan digital strategy consultant predicted 5G will be a game changer for the deployment of immersive technologies in emerging markets.