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 (MTRI) was proposed for mobile operators.
Unfortunately, this policy was never implemented in its true letter and spirit as the separate provision of MTRI traffic termination was never determined or disbursed to mobile operators even after a lapse of more than a year, he further explained.
Resultantly Telenor enterprise faced financial losses of over Rs 2.2 billion since the establishment of ICH.
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