In a major development in Pakistan’s telecommunications sector, Pakistan Telecommunication Company Limited (PTCL) announced its commitment to fully cooperate with the Competition Commission of Pakistan (CCP) for Phase-II review in the proposed acquisition of Telenor Pakistan. Following a satisfactory Phase-I review, this merger is poised to be a landmarker consolidating telecom services and enhancing consumer offerings. With the transaction’s magnitude necessitating a detailed assessment due to potential market competition impacts, PTCL is actively providing essential information to facilitate CCP’s evaluation. This synergy between PTCL and Telenor is expected to deliver a suite of benefits including superior network coverage, accelerated growth in broadband and 4G services, greater data speeds, and more. It aims to increase consumer convenience with expanded service points and a broader product array, fostering innovation by leveraging a larger customer base. On a broader scale, it aligns with Pakistan’s digital transformation objectives and potentially heightens international investment interest due to the participation of foreign financial bodies in the deal’s financing.

Telecommunications, Regulatory Authorities, Digital Transformation,Pakistan