TLC exits from ICH over losses issue

STAFF REPORT ISB: Telenor LDI Communications (Pvt.) Ltd (TLC), a subsidiary of Telenor Pakistan, has made its exit from the International Clearing House (ICH) due to heavy losses to Telenor as an enterprise. Telenor has raised this concern a number of times with the relevant authorities.

The TLC had joined ICH in compliance with Ministry of IT policy directive issued on 13 August 2012 endorsed by PTA. As part of this policy directive, Mobile Termination Rate for international incoming (

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