Telenor Pakistan, while preserving its legal rights, has offered to make a substantial payment of $224.6 million to the government to ensure continuity of services and preserve rights of over 44 million customers. "The GSM license of Telenor Pakistan, which was to be renewed by May 25, 2019, had been delayed by PTA and faces further delays due to unfair demands on pricing and rollout obligations, which may significantly distort the competitive landscape in the industry," said a Telenor's spokesperson on Wednesday.
According to him, the company has been very keen towards timely renewal of its telecom license and in the past two years tried its utmost towards a fair and transparent outcome. The company's efforts in this regard sought to not only provide seamless telecom and digital services to the people of Pakistan but also contribute to the national exchequer. "Telenor shall continue to pursue its legal case to fully protect its rights available under law, in order to have final resolution of the matter. The company remains hopeful of a fair outcome and looks forward to the government and PTA to fulfil its commitment to ensure fair competition and forward-looking policies and regulations," he added. He said that Telenor remains committed to its customers as well as socioeconomic uplift of our society.