Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the change-wp-admin-login domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u168781334/domains/cashmycurrency.com/public_html/wp-includes/functions.php on line 6260
CCP recovers Rs495m in ICH case | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

CCP recovers Rs495m in ICH case | The Express Tribune

CCP recovers Rs495m in ICH case | The Express Tribune

ISLAMABAD:

The Competition Commission of Pakistan (CCP) has recovered Rs495 million from Long Distance International (LDI) operators in the International Clearing House (ICH) case. The amount includes Rs458 million from Pakistan Telecommunication Company Limited (PTCL) and Rs37 million from Link Dot Net. The recovery follows the Competition Appellate Tribunal’s decision upholding CCP’s order that declared the ICH arrangement illegal and anti-competitive.

Introduced in 2012, the ICH agreement routed all international calls through a PTCL-controlled gateway. Termination rates were fixed at $8.8 cents per minute, more than four times the earlier rate. This eliminated competition, raised costs for overseas callers, and generated revenue windfalls exceeding 300% for operators.

Scroll to Top