(A) Ufone
(B) Jazz
(C) PTCL
(D) WorldCall
Correct Option is: C
Pakistan Telecommunications Company Limited (PTCL) announced on December 14, 2023 that it has entered into a share purchase agreement with Telenor Pakistan to purchase 100 per cent of the company’s shares at an enterprise value of 108 billion rupees ($380 million). The transaction is structured on a cash-free, debt-free basis and is subject to regulatory approvals and customary closing conditions, PTCL said in a statement. PTCL stock price rose 8.3% on December 14, 2023.