Pakistan to Takeover PTCL if Etisalat Fails to Pay $800 Million till June 2012 | InfoZonePK

Pakistan has apparently reaches its bread limit and has warned Etisalat to clear pending dues of USD 800 million tukk June 2012 or face hostile takeover of PTCL.

Media reports said that stern warning was conveyed to Etisalat a few days ago to a high level Etisalat delegation visiting Pakistan. The delegation met a government team led by Finance minister Dr. Abdul Hafeez Shaikh.

In Dawn News, it is reported that the Etisalat delegation’s request for a meeting with PM Yousaf Raza Gilani was turned down pending resolution of the dispute.

“Enough is Enough” was the message conveyed to the Etisalat delegation in the presence of Finance Minister Sheikh.

[Dawn]