Still no bidding took place. Was that news fake?Telenor is moving forward with its plans of selling its business in Pakistan, which is estimated at about $1 billion, reported Bloomberg today. Thepropakistani.pk
This was the reason Telenor backed off. According to bloomberg Telenor has put Pakistan business up for sale against $1 billion. Entities from Middle East and Asia (read PTCL and China Mobile) already working in Pakistan will reportedly participate in bidding.
Who do you think should buy Telenor? And why?