• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 26, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

CCP recovers Rs495m in ICH case from PTCL, Link Dot Net

September 2, 2025
in Business & Finance
CCP recovers Rs495m in ICH case from PTCL, Link Dot Net
Share on FacebookShare on TwitterWhatsapp

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.

Tags: CCPPTC
Share15Tweet10Send
Previous Post

5 terrorists who attacked Federal Constabulary lines in Bannu killed: KP police chief

Next Post

5.4-Magnitude Earthquake Shakes Islamabad, Peshawar, Swat, and Parts of KPK

Related Posts

PIA to be run by new owners from April: privatisation chief
Business & Finance

PIA to be run by new owners from April: privatisation chief

December 25, 2025
Seafood exports to EU states unlikely to resume next year
Business & Finance

Seafood exports to EU states unlikely to resume next year

December 25, 2025
FBR accused of creating hostile business climate
Business & Finance

FBR accused of creating hostile business climate

December 25, 2025
Setting up of NEP endorsed: PM approves wheeling charges auction guidelines
Business & Finance

Setting up of NEP endorsed: PM approves wheeling charges auction guidelines

December 25, 2025
‘Cybercriminals spread malware thru messaging apps’
Business & Finance

‘Cybercriminals spread malware thru messaging apps’

December 26, 2025
Millers seek immediate wheat stocks release
Business & Finance

Millers seek immediate wheat stocks release

December 25, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.