Pakistan considers arbitration against Etisalat over USD 800 million PTCL dues

Islamabad: Pakistan is considering international arbitration against Etisalat, a UAE-based telecommunications company, over an outstanding payment of USD 800 million from the sale of Pakistan Telecommunication Company Limited (PTCL), along with its opportunity cost since 2008 and applicable damages. The matter was discussed at a joint meeting of the Senate standing committees on information technology […]

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