BR100 Decreased By (-1.01%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.89%)
KSE30 Decreased By (-1.04%)
BECO 5.57 Decreased By ▼ -0.26 (-4.46%)
BML 60.50 Increased By ▲ 2.60 (4.49%)
BOP 33.26 Decreased By ▼ -0.53 (-1.57%)
CNERGY 8.04 Decreased By ▼ -0.11 (-1.35%)
DCL 11.31 Decreased By ▼ -0.48 (-4.07%)
FCCL 53.01 Decreased By ▼ -0.48 (-0.9%)
FCSC 5.37 Decreased By ▼ -0.03 (-0.56%)
FFL 17.62 Decreased By ▼ -0.22 (-1.23%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.15 Increased By ▲ 0.04 (0.36%)
KEL 7.87 Decreased By ▼ -0.15 (-1.87%)
KOSM 5.34 Decreased By ▼ -0.11 (-2.02%)
MLCF 85.15 Decreased By ▼ -2.25 (-2.57%)
NBP 181.75 Decreased By ▼ -2.49 (-1.35%)
PACE 11.55 Decreased By ▼ -0.07 (-0.6%)
PAEL 39.50 Decreased By ▼ -0.75 (-1.86%)
PIAHCLA 25.61 Decreased By ▼ -0.51 (-1.95%)
PIBTL 17.15 Increased By ▲ 0.01 (0.06%)
PPL 224.75 Decreased By ▼ -3.98 (-1.74%)
PRL 34.30 Decreased By ▼ -0.19 (-0.55%)
PTC 65.00 Decreased By ▼ -2.54 (-3.76%)
SEARL 89.81 Decreased By ▼ -1.12 (-1.23%)
SSGC 26.37 Decreased By ▼ -0.46 (-1.71%)
TELE 8.43 Decreased By ▼ -0.10 (-1.17%)
THCCL 69.18 Increased By ▲ 3.04 (4.6%)
TPLP 10.33 Increased By ▲ 1.00 (10.72%)
TREET 24.22 Decreased By ▼ -0.29 (-1.18%)
TRG 69.55 Decreased By ▼ -2.06 (-2.88%)
WAVES 11.03 Increased By ▲ 0.05 (0.46%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

The Competition Commission of Pakistan (CCP) has recovered Rs495 million in penalties from Long Distance International (LDI) operators in the International Clearing House (ICH) case, following the decision of the Competition Appellate Tribunal.

According to a CCP statement, the amount includes Rs458 million from Pakistan Telecommunication Company Limited (PTCL) and Rs37 million from M/s Link Dot Net.

The recovery stems from CCP’s 2012 order, later upheld by the Tribunal, which declared the ICH arrangement illegal and anti-competitive. Under the ICH agreement, all incoming international calls were routed through a single PTCL-controlled gateway, with termination rates fixed at 8.8 US cents per minute, over four times the previous rate.

Telenor’s acquisition by PTCL: CCP seeks further clarity on key issues

The move eliminated competition, inflated costs for overseas callers, and generated windfall revenues exceeding 300 percent for operators.

Initially, CCP had imposed penalties equivalent to 7.5 percent of each operator’s annual turnover. The Tribunal later reduced the fines to 2 percent of ICH-related revenues but directed operators to deposit the penalties within 30 days.

CCP Chairman Dr. Kabir Sidhu said the Commission remained committed to ensuring strict enforcement of competition law. He stressed that while business forums can play a positive role in information sharing, they must not be misused for price coordination or collusion. He also warned against market abuse, manipulation, consumer exploitation, and other anti-competitive practices.

Comments

Comments are closed for this article.