1 min read

PTCL Submits Telenor-Ufone Merger for PTA Regulatory Review

Pakistan Telecommunication Company Limited (PTCL) has formally submitted an application to the Pakistan Telecommunication Authority (PTA) seeking approval for the proposed merger of Telenor Pakistan and Ufone. The submission marks the beginning of the regulatory review process required for such a major consolidation in the telecom sector. According to sources, the PTA will now conduct […]

1 min read

Telenor Pakistan Acquired by PTCL in Major Telecom Consolidation Move

In a significant move for the Pakistani telecom sector, Telenor Group announces the sale of its entire Pakistan operations to PTCL, a leading integrated ICT company owned by e&. This deal marks the culmination of Telenor’s strategic review of its Pakistani business, initiated in July 2022. Key Takeaways: Telenor CEO Sigve Brekke: Petter-Børre Furberg, Head […]