Overview

• PTCL welcomed the Competition Commission of Pakistan’s decision, calling the consolidation a pivotal step for the telecom sector.
• The approval follows one of the commission’s most extensive merger reviews, which applied the Substantial Lessening of Competition test across multiple market segments.
• The transaction will combine Ufone with Telenor Pakistan to form the country’s second-largest mobile operator.
• The commission attached remedies to the clearance, with safeguards reported to cover pricing, interconnection, infrastructure sharing and fair competition.
• Officials said the process faced delays, incomplete disclosures and external pressure, as the chairman emphasized transparency before concluding the review.