Emirati firm planning to buy Telenor Pakistan for $1 billion

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Emirati firm planning to buy Telenor Pakistan for $1 billion
Emirati firm planning to buy Telenor Pakistan for $1 billion
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The biggest change is coming in the telecom industry of Pakistan.

The country’s second-largest cellular service provider may soon change hands as Telenor Pakistan.

Telenor Pakistan is in talks with an Emirate-based multinational company to sell its operations.

According to Dawn News, the Emirati firm already has a strong presence in Pakistan. And Telenor is in talks to acquire Telenor and they have reached an advanced stage.

An informed source in the IT ministry also confirmed the news that a deal is almost in the final stages. Moreover, he also refused to share any other information on record.

The Emirati company already has a significant presence in Pakistan. According to sources, the company has a presence in all key areas of the telecom sector and is interested in consolidating its position further.

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