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Pakistan competition watchdog approves PTCL’s $400 million deal to acquire Telenor
KARACHI: Pakistan Telecommunication Company Limited (PTCL) on Wednesday applauded the Competition Commission of Pakistan (CCP) for granting approval to acquire Telenor Pakistan, calling the deal a pivotal step for the country’s telecom sector. The decision concludes a protracted regulatory process for the $400 million transaction, which will merge PTCL’s mobile arm Ufone with Telenor Pakistan to create the country’s second-largest mobile operator.
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arabnews.com
Pakistan competition watchdog approves PTCL’s $400 million deal to acquire Telenor
KARACHI: Pakistan Telecommunication Company Limited (PTCL) on Wednesday applauded the Competition Commission of Pakistan (CCP) for granting approval to acquire Telenor Pakistan,…
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dawn.com
Competition Commission of Pakistan approves PTCL’s acquisition of Telenor with conditions
Key conditions include separate leadership boards, compliance with service quality standards and non-discriminatory access to infrastructure for all operators.