The Pakistan Telecommunication Authority (PTA) has approved PTCL’s $400 million acquisition of Telenor Pakistan, giving the company a formal NOC to move forward.



The deal will merge PTCL’s mobile service Ufone with Telenor Pakistan, creating the country’s second-largest mobile operator. 


PTA said it reviewed the transaction’s impact on competition and consumer interests, stressing that both companies must maintain service quality and fulfill all licensing obligations throughout the merger. 


The regulator will monitor the process closely. PTCL earlier said the acquisition will enhance customer experience, network quality, and overall efficiency in a telecom sector facing heavy costs and regulatory pressure.



Image is Ai generated and is just for reference

Post a Comment

Previous Post Next Post