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PTCL in talks with govt for licence renewal
Telecom company’s licence expired on December 31, 2020
KARACHI:
Pakistan Telecommunication Company Limited (PTCL) - which is known for its wired services - reported on Friday that its integrated licence, which was awarded for a period of 25 years, expired on December 31, 2020, according to a bourse filing. PTCL was required to get its licence renewed by the time of expiry, but that did not happen.
The delay in renewal would, however, not result in disconnection of services to the end-users as the firm was in talks with the government. It remained unclear as to why the renewal was delayed, though The Express Tribune reached out to the authorities concerned.