ijra — Live news map of the Middle East, Sudan and Pakistan

Pakistan prepares international arbitration to recover $800 million from Etisalat

Pakistan ·

A member of parliament told Arab News on Thursday that the legal preparations are complete. The dispute concerns proceeds from the privatisation of Pakistan Telecommunication Company Limited that remain outstanding, and the move is described as a major escalation.

Pakistan Telecommunication Company Limited is Pakistan's main fixed-line telecom operator, and the UAE-based Etisalat became its major shareholder after Pakistan privatised a stake in it.

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