15-01-2005
Singapore Firm Eyeing Pakistan Telecom Control
via
jang.com.pk
While many names are being pointed out regarding parties interested and serious in the privatisation of the telecom giant – PTCL – analysts and market men have started pointing the finger at SingTel – the telecom giant of Singapore – as the proposed buyer of the PTCL. When contacted, analysts mentioned that Temasek Holdings Pte Ltd – the Singapore State Investment Agency – which recently acquired a 25 per cent stake in NDLC-IFIC Bank Ltd (NIB) through its 100 per cent owned subsidiary – Bugis Investments (Mauritius) Pte Ltd – happens to be the holding company of SingTel…