Brain Telecommunication Ltd 0

Huge Scam - Outflow of Billions of dollars from Pakistan by Foreign owned LDI Companies in Pakistan

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Dear Sir, On 1st October 2012 , Pakistani's Living abroad received a huge shock when they dialled their loved ones in Pakistan. International Calls rates which used to be charged at $0.04~(Rs.3) per minute previously, changed to $0.14~(Rs.13). Whereas, in comparison calls made to other countries i.e. China, India and Bangladesh cost even less than $0.02 per minute. Government claimed that by charging overseas Pakistanis at a higher rate will enable them to bring extra revenue in Pakistan. However, what they failed to explain was the reality of the situation. Actually, this is to benefit foreign owned LDI companies and their investors which would result in outflow of billions of dollars from Pakistan destroying Pakistan's precious foreign reserves and reducing the amount of Remittance overseas Pakistani send to Pakistan. Sir Long distance international licenses (LDI) were given to companies by PTA in 2004 to bring competition for PTCL, instead they all grouped together bribed out Politicians and Government Officials in PTA, MoIT or perhaps offered them share in their LDI companies and managed to form one single monopoly company called International Clearing House (ICH) and worked out a quota deal with PTCL under guidance from PTA/MoIT . Now just like before 2004, only PTCL handles all international calls , while Rest of the LDIs are doing nothing , they will just collect cheque as per their quota , amounting to billions each month from MoIT / PTA and send those billions in precious foreign exchange to their parent companies overseas. These extra billions is precious foreign reserve money from overseas Pakistanis which now instead of staying in Pakistan goes to these foreign companies Sir If PTA / MoIT wanted to increase government revenue by increasing call rate , they would simply increase Tax (USF) payable by the LDIs . There was no need for grouping of LDIs into single company/consortium . The fact is forming of ICH will only bring benefits to the LDI operators as most of the money from price increase will go to these foreign own LDI Companies . Sir you're requested to investigate how these LDIs managed to form an illegal consortium and why PTA , MoIT are supporting them despite objection from CCP. Why PTA/MoIT is being so generous by giving billions to these LDI operators? These LDI licenses were awarded as part of telecom deregulation to have competitive environment . The licenses have no such provision to group together to form one monopoly consortium nor fixing rate. Therefore licenses of LDI operators should be canceled for trying to do illegal activities, spreading corruption and damaging Pakistan . Sir you're requested to take immediate action. Here is a list of LDIs and their foreign owners: 1. Link Direct International Pakistan- Owned by Egyptian investors 2. Worldcall LDI - Owned by Oman Investors 3. Redtone Telecom Pakistan - previously owned by Redtone Malaysia, now owned by , Quantum Global comprising of many Indian , arab , usa investors 4. Wi-tribe - owned by Qatar Investors 5. Wise Communication Systems , Owned by International Telecommunication Service (SRL), Italy 6. Dancom Pakistan- previously owned by Dancom Group Malaysia now owned by Egyptian investors 7. Telenor Pak LDI Communications - Telenor Group Norway 8. Wateen Telecom Pakistan - owned by Abu Dhabi Group , UAE 9. Multinet Pakistan - owned by Axiata Group , Malaysia 10. Circlenet Communication LDI owned by Circle Net UAE and foreign investors 11. Telecard owned by Sanjiv Ahuja , Augere Holdings , Indian and other foreign investors 12. ADG LDI owned by Dollar East Exchange Company and unknown number of investors


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