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FINANCIAL NEWS
UAE’s Etisalat affiliate interested in Pakistan’s Warid
30 Jul 2013
(MENAFN) Pakistan Telecommunication Co Ltd (PTCL), an affiliate of UAE’s No.1 telecoms operator Etisalat has officially expressed its interest in mobile operator Warid Telecom, Reuters reported.
Warid, Pakistan’s smallest operator, has been put on the block by its Abu Dhabi owners in a sale likely to fetch up to USD1 billion
Etisalat holds a 26 percent stake in PTCL and also has management control of the business in Pakistan.
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