Home Business Telenor Pakistan to make significant payment towards license renewal to reaffirm its...

Telenor Pakistan to make significant payment towards license renewal to reaffirm its commitment to Pakistan

Telenor Pakistan voluntarily offers to pay USD 224.6 million under protest to safeguard the interest of its valued customers

In order to reaffirm its commitment to the country, Telenor Pakistan, while preserving its legal rights, has offered to make a substantial payment of USD 224.6 million to the Government to ensure continuity of services and preserve rights of over 44 million valued customers.

 

The GSM license of Telenor Pakistan which was to be renewed by 25 May 2019 had been delayed by PTA and faces further delays due to unfair demands on pricing and rollout obligations, which may significantly distort the competitive landscape in the industry.

 

 

Telenor Pakistan has been very keen towards timely renewal of its telecom license and, in the past two years, tried its utmost towards a fair and transparent outcome. The company’s efforts in this regard sought to not only provide seamless telecom and digital services to the people of Pakistan but also contribute to the national exchequer.

 

 

Telenor Pakistan shall continue to pursue its legal case to fully protect its rights available under law, in order to have final resolution of the matter. The company remains hopeful of a fair outcome and looks forward to the Government and PTA to fulfil its commitment to ensure fair competition and forward-looking policies and regulations.

 

Telenor Pakistan remains committed to its customers as well as socioeconomic uplift of our society.

Must Read

vivo creates beautiful moments in the opening ceremony of UEFA EURO 2020™

After a long-awaited kick off to UEFA EURO 2020™, fans around the world tuned into the opening ceremony on June 11, presented by vivo....

PTCL signs MoU with GCU for providing premium ICT services

Pakistan Telecommunications Company Limited (PTCL), signs a Memorandum of Understanding (MoU) with Government College University (GCU), during a ceremony organized at GCU campus in...

MoITT Launch “Smart Village” project in four provinces, Islamabad and Gilgit-Baltistan

Federal Ministry of IT and Telecommunications through Universal Service Fund, launched a "Smart Village" project in four provinces, Islamabad and Gilgit-Baltistan. The project will...

MoITT and Huawei Launch 1st batch of Government Employee ICT Training Program

Islamabad: TheMinistry of Information Technology and Telecommunication, in collaboration with Huawei Technologies Pakistan launched the much awaited ‘1000 Government Employee Training Program’ in a...

AkzoNobel Pakistan-SOS Children’s Villages Pakistan partnership continues to strengthen youth employability with the Power of Paint

15th June, 2021. Lahore, Pakistan: AkzoNobel -the world industry leader in paints and coatings and producer of Dulux paints in Pakistan- has entered its...