Etisalat denies rumours regarding potential sale of PTCL
Etisalat [ETEL.AD] has denied a circulating rumour regarding a potential disposal of its stake in its Pakistani operation, Pakistan Telecommunication Company Limited (PTCL) to Chinese operator, Zong. Moreover, Etisalat confirmed that it remains committed to its business in Pakistan and there are no discussions regarding a potential stake sale. (Techjuice) Etisalat (AD): AED19.80 as of 21 September 2016, Rating: Neutral, FV: AED18.63 per share, MCap: USD46,920 million, ETISALAT UH / ETEL.AD
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