Breaking: CCP Approves PTCL’s Acquisition of Telenor Pakistan

The Competition Commission of Pakistan (CCP) has granted formal approval to Pakistan Telecommunication Company Limited (PTCL) for the acquisition of Telenor Pakistan, marking a major development in the country’s telecom sector.

In a statement, PTCL expressed gratitude to the CCP for concluding the second phase of the regulatory review and acknowledged the commission’s efforts in ensuring the long-term sustainability of the telecom industry. “We highly appreciate the Commission’s thoroughness in safeguarding the future outlook and long-term sustainability of Pakistan’s telecom sector,” the company said.

PTCL further noted that it had fully cooperated with the regulator throughout the review process and reiterated its commitment to comply with all directions of relevant authorities and applicable national laws. Calling the transaction a “historic announcement,” the company stated that the consolidation of its cellular arm, PTML (Ufone), with Telenor Pakistan would strengthen service delivery for millions of customers nationwide. The merger is expected to improve network quality, broaden coverage, and expand access to advanced digital services.

According to PTCL, the integration will also enhance efficiency, build infrastructure resilience, and bolster competition in the telecom landscape. The unified entity, it added, would play a critical role in accelerating nationwide connectivity, fostering innovation, and advancing the government’s vision of a digitally empowered Pakistan.

Telenor also welcomed the approval, stating: “We appreciate the Competition Commission of Pakistan’s (CCP) careful consideration before granting approval to the sale of Telenor Pakistan to PTCL. We believe this transaction would strengthen Pakistan’s telecoms sector. This CCP approval is a significant milestone in the process, which will now move forward for approval by the Pakistan Telecommunication Authority (PTA). We look forward to the timely approval process and final completion of the transaction soon. Telenor Pakistan will continue its business as usual, focusing on delivering services to its 43 million customer base,” said Telenor Asia.

Meanwhile, Jazz CEO Aamir Ibrahim also commented on the development, congratulating PTCL while urging focus on spectrum availability. “Congratulations to PTCL on receiving CCP approval for the acquisition of Telenor Pakistan — Consolidation can make the telecom industry more sustainable by ensuring resources are invested in expanding services rather than duplicating networks. Now the real priority should be timely spectrum release, which is essential to unlock Pakistan’s digital growth and ensure that millions of people benefit from faster, more affordable connectivity,” he said.

Industry experts describe the CCP’s clearance as a significant milestone in the ongoing restructuring of Pakistan’s telecom sector, which has faced mounting operational costs and rising demands for digital transformation.

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