KARACHI (PRESS RELEASE) Etisalat has been declared as ‘The Most Valuable Portfolio Brand’ in Middle East and North Africa (MENA) by Brand Finance, the world’s leading independent brand business valuation and strategy consultancy. The recognition is for the company’s impressive portfolio of brands becoming the first Middle East group toRead More →

ISLAMABAD ( MEDIA REPORT ) Senate Standing Committee on Information and Technology and Telecommunication on Wednesday expressed reservation over the outstanding amount of $800 million from Etisalat, pursuant to share purchase agreement made at the time of PTCL’s (Pakistan Telecommunication Company Limited) privatisation. The committee met under the chairmanship ofRead More →

A decade later, the $800 million ghost refuses to rest in peace. It is fair to say that the UAE-based Etisalat has given its Pakistani interlocutors a run for their money. The Emirati telco still owes the Pakistani government $800 million from its 26 percent management-stake-buyout in PTCL back inRead More →

ISLAMABAD ( MEDIA REPORT ) A Senate committee on Wednesday asked the government for the sale deeds signed with the UAE-based company Etisalat to privatise the state-owned Pakistan Telecommunication Company Limited. “We want to study both the 2005 and 2008 (sale) agreements to pin point errors and give recommendations againstRead More →

ISLAMABAD ( MEDIA REPORT ) The Senate Standing Committee on Information Technology on Tuesday gave Etisalat, the Privatisation Commission and the federal government one month to settle the agreement regarding the sale of the Pakistan Telecommunication Company (PTCL). “PTCL should be nationalised if a settlement cannot be reached,” Committee chairpersonRead More →