The politics of Pakistan's phones

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The politics of Pakistan's phones

December 01, 2004 (Last updated: November 26, 2008)

Privatization and private control of Pakistan's major phone operator loom but it's not all plain sailing. Farhan Bokhari reports on the high level of investor interest and the problems still besetting the giant concern.

PAKISTAN'S NATIONAL PRIVATIZATION commission expects to conclude the privatization of state-owned Pakistan Telecommunication Company Ltd. (PTCL) soon after a January 28 deadline for bids from prospective investors. Up to 26% of the company's stock is available to a single buyer or to a consortium,...

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SOUTHEAST ASIA DCM

Rank

Bookrunner Parents

Deal Value $ (Proceeds) (m)

No.

%share

2012 YTD Rank

HSBC

4,160

8.3

Standard Chartered Bank

4,110

8.2

Goldman Sachs

3,666

7.3

Deutsche Bank

3,354

6.7

Citi

2,774

5.5

DBS

2,341

4.6

JPMorgan

2,288

4.5

CIMB Group

2,095

4.2

Siam Commercial Bank

1,835

3.6

RHB Capital Bhd

1,688

3.4

Subtotal

28,311

161

56.2

Total

50,423

249

100.0

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