PTCL and IFC-Led Consortium Secure Historic $400 Million Financing Deal

PTCL and IFC-Led Consortium Secure Historic $400 Million Financing Deal for Acquisition of Telenor Pakistan

KARACHI, September 2024 — Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC)-led consortium celebrated a landmark financing agreement to facilitate PTCL’s acquisition of Telenor Pakistan and Orion Towers (Private) Limited. The acquisition, valued at Rs 108 billion, is subject to regulatory approvals and marks a pivotal moment in Pakistan’s telecom sector. PTCL […]