PTA Grants NOC for PTCL’s Acquisition of Telenor Pakistan
The Pakistan Telecommunication Authority (PTA) has granted a No Objection Certificate (NOC) to Pakistan Telecommunication Company Limited (PTCL) for the acquisition of Telenor Pakistan (Pvt.) Ltd., after a comprehensive review under the applicable regulatory framework.
PTA evaluated the transaction’s impact on market competition and consumer interests, and consulted relevant government bodies to ensure full compliance with statutory requirements.
PTA Grants NOC for PTCL’s Acquisition of Telenor Pakistan
With this NOC, PTCL may proceed with the acquisition, subject to completion of all legal and commercial formalities. Both companies must ensure continuity and quality of services and uphold all licence obligations throughout the transition.
PTA will closely monitor the process to safeguard consumer rights and maintain a competitive and forward-looking telecom sector.
See Also: PTCL Accepts Terms for Telenor Pakistan Acquisition as PTA Issues Conditional Approval
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Find the PTA Taxes on All Phones on a Single Page using our Taxes Portal.
Note: Mobile phone tax rates and calculations fall under the jurisdiction of the Federal Board of Revenue (FBR), not the Pakistan Telecommunication Authority (PTA).
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