ISLAMABAD: PTCL privatization reached for settlement. The Federal Government inalienable property, minus the amount of the dues arrears out of sight communication has decided in principle to accept the Hittites however the final Government approval will be followed by a meeting ever committed.
It was told by Private Commission source that that the PTCL (Pakistan Telecommunication Company Limited) privatization of 80 million dollars in aid for recovery of arrears paperwork is approximately finished.
According to the source PTCL (Pakistan Telecommunication Company Limited)‘s transferable assets have been transferred to a nearly communication and in the few finishing steps rather the inalienable property have been identified which quantity is nearly to 25 while it was committed that which property cannot transfer.
Valuation will determine in contract with the amount charged will be deducted from liabilities of $ 80 million and the remaining amount will be recovered.
According to source in this regard where work is in progress of property valuations. So, there communication in terms of delay in the payment of compensation to comprehend amount talks however in connecting with it communication officials have not expressed any support.
To resolve the case of high-level Government meeting will be considered and the final approval will be further progress.
- Posted On: October 25, 2015
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