BR100 Decreased By (-0.59%)
BR30 Decreased By (-1.09%)
KSE100 Decreased By (-0.5%)
KSE30 Decreased By (-0.47%)
AGHA 6.71 Increased By ▲ 0.03 (0.45%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 56.70 Decreased By ▼ -0.62 (-1.08%)
BOP 30.13 Decreased By ▼ -0.22 (-0.72%)
CNERGY 12.99 Decreased By ▼ -0.13 (-0.99%)
CSIL 5.35 Decreased By ▼ -0.06 (-1.11%)
FCCL 52.27 Decreased By ▼ -0.52 (-0.99%)
FFL 14.45 Decreased By ▼ -0.27 (-1.83%)
FNEL 1.11 Decreased By ▼ -0.01 (-0.89%)
KEL 6.13 Increased By ▲ 0.04 (0.66%)
KOSM 6.14 Increased By ▲ 0.41 (7.16%)
LOTCHEM 26.30 Decreased By ▼ -0.16 (-0.6%)
MLCF 91.60 Decreased By ▼ -1.56 (-1.67%)
NBP 163.99 Decreased By ▼ -0.67 (-0.41%)
NCPL 53.82 Decreased By ▼ -1.84 (-3.31%)
NPL 59.05 Decreased By ▼ -2.11 (-3.45%)
OGDC 314.60 Decreased By ▼ -2.13 (-0.67%)
PACE 9.89 Increased By ▲ 0.02 (0.2%)
PAEL 35.19 Decreased By ▼ -0.44 (-1.23%)
PIBTL 14.70 Increased By ▲ 0.02 (0.14%)
PPL 222.50 Decreased By ▼ -4.41 (-1.94%)
PRL 91.50 Decreased By ▼ -1.52 (-1.63%)
PTC 59.50 Decreased By ▼ -0.76 (-1.26%)
SSGC 23.32 Decreased By ▼ -0.49 (-2.06%)
TBL 8.79 Increased By ▲ 0.04 (0.46%)
TELE 7.59 Decreased By ▼ -0.21 (-2.69%)
TPL 22.10 Decreased By ▼ -0.25 (-1.12%)
TPLP 12.64 Decreased By ▼ -0.33 (-2.54%)
TREET 21.81 Decreased By ▼ -0.35 (-1.58%)
TRG 56.50 Decreased By ▼ -0.06 (-0.11%)

ISLAMABAD: The Competition Commission of Pakistan (CCP) has recovered a further Rs 19 million from Multinet (Pvt) Limited and Rs 1.4 million from Voice Communications in the International Clearing House (ICH) case, taking the total recoveries to Rs 772 million. The CCP continues its efforts to ensure full recovery of penalties imposed on telecom companies involved in the cartel.

The penalties were originally imposed after the CCP found that all fourteen Long Distance International (LDI) operators had formed a cartel under the ICH arrangement in 2012, effectively eliminating competition in the international telephony market. The ICH setup had required all incoming international calls to be routed through a single gateway managed by Pakistan Telecommunication Company Limited (PTCL), leading to fixed high call termination rates and reduced market efficiency.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.