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Telenor Advances Sale of Pakistani Unit with Regulatory Approval

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Telenor Advances Sale of Pakistani Unit with Regulatory Approval

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Telenor ( (GB:0G8C) ) just unveiled an announcement.

Telenor has announced the sale of its subsidiary, Telenor Pakistan, to Pakistan Telecommunications Company Ltd (PTCL), with the transaction receiving approval from the Competition Commission of Pakistan. This marks a significant step in the regulatory process, and Telenor is now seeking further approval from the Pakistan Telecommunication Authority, anticipating a smooth completion of the transaction.

The most recent analyst rating on (GB:0G8C) stock is a Buy with a NOK191.00 price target. To see the full list of analyst forecasts on Telenor stock, see the GB:0G8C Stock Forecast page.

More about Telenor

Telenor is a telecommunications company that provides a wide range of services including mobile and fixed-line communications. It operates primarily in the Nordic region and Asia, focusing on delivering connectivity and digital services to its customers.

Average Trading Volume: 985,245

Current Market Cap: NOK226.1B

For a thorough assessment of 0G8C stock, go to TipRanks’ Stock Analysis page.

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