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 […]

Mashreq Pakistan Signs Agreement with PTCL

Mashreq Pakistan Signs Agreement with PTCL for Tier-III Data Center Colocation Services

Mashreq Pakistan Signs Agreement with PTCL for Tier-III Data Center Colocation Services Mashreq Pakistan is pleased to announce the signing of an agreement with PTCL.Official (PTCL) for the provision of primary data center colocation services at PTCL’s Tier-III Data Center facility. Mohamed Abdel Hamid Abdel-Razek, Group Head of Technology, Transformation, and Information at Mashreq, shared […]