Lists merger, sale or continuation as available options
OSLO – Norwegian telecoms operator Telenor hopes to decide on a strategic solution for its Pakistan business before year-end, the company's CEO told Reuters on Wednesday.
"We are in contact with many parties now, which is why I say I'm rather optimistic that we will by the end of the year have a final solution," CEO Sigve Brekke said. The three options are a merger similar to what Telenor has already done for other parts of its Asia businesses, a sale, or to continue but in a different operational model, he added.
The Norwegian giant has been in the news since 2022 when it launched a review to assess options in what it described as a “challenging business environment” in its annual report for the year. Interestingly, Telenor’s latest quarterly results showed the company experienced revenue growth in Pakistan and Bangladesh.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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