Pakistan Deodar Towers value targets $1bn - GTH

Cairo – Mubasher: Global Telecom Holding (GTH) on Wednesday said that the target value of its Deodar Towers in Pakistan ranges between $698 million and $1.016 billion.

Fincorp Investment Holding maintained GTH’s fair value at $104.85 per each Pakistani Rupee, the firm added in a statement to the Egyptian Exchange (EGX).

Last August, GTH and VEON Ltd signed an agreement to sell the towers owned by their subsidiary, Jazz Pakistan, for $940 million (PKR 98.7 billion).

Mubasher Contribution Time: 06-Sep-2017 10:39 (GMT)
Mubasher Last Update Time: 06-Sep-2017 11:00 (GMT)