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PAKISTANI GOVT SET TO BEGIN PTCL PRIVATIZATION IN MARCH.
ISLAMABAD, March 1 Asia Pulse - The government has finalized all arrangements to privatize the Pakistan Telecommunication Company Limited (PTCL), said a spokesman of the Privatization Commission.
He said as various concerns have been addressed, the company is ready for privatization, which is likely to benefit the consumers and the taxpayers, and the government is sety to invite Expressions of Interest (EOI) in late March.
The process has taken several years to address strategic and consumer concerns and ensures a competitive and level-playing field fear the future.
"Through privatization, the government expects to achieve expansion of the telecommunications infrastructure, an enhancement in the variety and quality of services and fiscal revenues that would be used to retire high interest debt", he added. These would be particularly beneficial ...
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