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Pakistan Antitrust Ruling on PTCLTelenor Deal Expected Within Two Weeks

Regulators signaled the long-stalled review is nearing a decision that will determine whether the planned December 5G auction can proceed.

Overview

  • CCP chairman Kabir Sidhu told a Senate committee the commission is close to finalizing its review and may issue a comprehensive order within two weeks.
  • The Pakistan Telecommunication Authority said the December 5G spectrum auction cannot go ahead until the PTCLTelenor transaction is concluded, noting the authority is prepared once prerequisites are met.
  • Telenor pressed for swift approval, warning that prolonged delays are eroding investor confidence and citing regional mergers approved far faster, with telecom investment in Pakistan down more than 60% in under four years.
  • CCP officials said the case has dragged due to late data submissions and procedural complexity; last month the commission sought further clarity on PTCL’s planned acquisition of Telenor Pakistan and Orion Towers.
  • Lawmakers also escalated oversight by referring a disputed Rs 6 billion Jazz tariff collection to the Public Accounts Committee and receiving briefings on ongoing investigations into large-scale data theft.