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.
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.
- Fatima Fertilizer and Multan Sultans Celebrate Title Sponsorship with a Grand Meet & Greet in Karachi
- Pakistan’s First PKR 3 Billion, AAA Rated, Green Sukuk for Telecom Sector Launched by InfraZamin Pakistan, Infralectric, DIB Pakistan Limited (Lead Arranger), Bank Alfalah Limited (Joint Lead Bank), and Meezan Bank Limited (Imports Bank)
- PTCL Signs Strategic Partnership Agreement with Indus Cloud to Deliver Huawei Cloud Stack in Pakistan
- BingX Brings SpaceX Pre-IPO Exposure On-Chain, Expanding Its Gateway to Future-Valued Assets
- Al-Ghazi Tractors Celebrates 600,000th Tractor