The politics of Pakistan's phones

Privatization and private control of Pakistan's major phone operator loom but it's not all plain sailing. Farhan Bokhari reports on the high level of investor interest and the problems still besetting the giant concern.

  • 01 Dec 2004
PAKISTAN'S NATIONAL PRIVATIZATION commission expects to conclude the privatization of state-owned Pakistan Telecommunication Company Ltd. (PTCL) soon after a January 28 deadline for bids from prospective investors. Up to 26% of the company's stock is available to a single buyer or to a consortium, along with management control–12% is already in public hands–leaving ...

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