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Pakistan Regulator Signals Two-Week Ruling on PTCLTelenor Deal

The decision will set the timeline for the planned December 5G auction, potentially steadying investor confidence.

Overview

  • CCP chairman Kabir Sidhu told a Senate committee the commission expects to issue a comprehensive order on the PTCLTelenor merger within two weeks.
  • The kistan TeTelecommunication Authority said the planned December 5G spectrum auction cannot proceed until the UfoneTelenor consolidation is completed.
  • Telenor warned that a 21‑month approval delay is eroding confidence, citing a telecom investment drop of more than 60% and projecting the merged operator would hold about 36% of subscribers and 32% of revenue.
  • CCP officials said recent delays stemmed from late data submissions and procedural complexities, noting they sought further clarifications from PTCL last month.
  • Lawmakers were briefed on a Ministry of Interior probe into large‑scale personal data theft and referred a disputed Rs6 billion tariff collection by Jazz to the Public Accounts Committee.