Pakistan Telecommunication Company Limited
PakistanSouth AsiaCommunications & IT services
PTCL is a leading digital infrastructure company in Pakistan controlled by global telecom major E&. The transaction is a USD 50m commitment from BII to support its planned acquisition of Telenor Pakistan (“Telenor”), the 2nd largest Mobile Network Operator (“MNO”) in Pakistan, and a wholly owned subsidiary of the Norwegian Telenor Group. BII’s commitment is part of a USD 400 million facility in collaboration with IFC.