The Competition Commission of Pakistan (CCP) has approved Pakistan Telecommunication Company Limited’s (PTCL) acquisition of Telenor Pakistan B.V. and Orion Towers (Private) Limited, PTCL announced on Wednesday.
According to the notification, “It is hereby informed that on October 1, 2025, the CCP, under Section 11, Sub-section (2) of the Competition Act, 2010, and Regulation 6 of the Competition (Merger Control) Regulations, 2016, has issued a Phase-II order on the pre-merger application submitted by PTCL and Telenor Pakistan B.V., through which the transaction has been approved.”
However, PTCL clarified that the deal has not yet been finalized, as it remains subject to additional corporate and regulatory approvals, formal procedures, execution of necessary agreements/documents, and fulfillment of other obligations and conditions.
In a separate statement, PTCL expressed its gratitude to the CCP for successfully completing the Phase-II review of the Telenor Pakistan acquisition.
The telecom company further said that it fully cooperated with the Commission throughout the review process and pledged to continue the acquisition process in complete alignment with the guidance of all regulatory bodies.
PTCL added that this intra-sector merger marks a decisive step for Pakistan’s telecom industry. By combining the strengths of PTML (Ufone) and Telenor, it aims to deliver enhanced services, improved network quality, broader coverage, and cutting-edge digital solutions to customers. The merger is expected to enable greater efficiency, a stronger infrastructure, and a more competitive telecom environment.
Furthermore, the integration will bolster nationwide connectivity, promote innovation, and support the government’s vision of a digitally empowered Pakistan.
