Telenor Pakistan has raised its concern over Mobilink-Warid merger and has approached Competition Commission of Pakistan over the anticipated Mobilink-Warid deal that is currently being heard by CCP for mandatory regulatory approvals, we have checked with sources.
According to sources, who are directly aware of the development, Telenor Pakistan has approached CCP with its concerns to ideally block the Mobilink-Warid merger.
Mobilink and Warid had agree to merge their businesses in Pakistan. Both companies are currently in process of getting approvals from competition commission.
Telenor Pakistan, at the same time, has raised its concerns with the Commission and said that deal — in its current form — could negatively impact the industry.
According to sources, Telenor has raised its concerns over taxes on telecom industry as well and said that if taxes aren’t rationalized then more such mergers in telecom industry would be imminent.
A source at CCP confirmed ProPakistani that commission has received objections from Telenor Pakistan but said that he won’t comment anything on the outcome of these objections.
Update:
CCP Bars Telenor from Issuing Any Statement on Mobilink-Warid Merger
Proud Of Telenor for raising this issue (y)
Allah kre ye merger na ho.Ameen <3
Kia Hua Zong Sab Dhong
o come on… just let it go
aamir bhai what about today’s hearing by ccp?
Update coming in an hour.
ok thanks…
Cant wait to hear that update!
Amir bhai your hour is complete ??
Sir, updating another story on same topic. Pls hold :)
:)
No worries brother ;) take your time. I know how demanding this job truly is and appreciate your efforts to bring us the latest news .?
Aamir Bhai Reply Karain Gay To Story Kon Likhy Ga
*cough*employees*cough*
Here you go: https://propakistani.pk/2016/02/12/ccp-bars-telenor-from-issuing-statements-on-mobilink-warid-merger/
Shouldn’t it be Zong which had raised voice against this merger, Why Telenor?
Andar Khaty Sub Aik Hain Hukmranon Ki Tarha
First Telenor must improve its GSM signal then think out of box
Sounds ‘corporate cold war’ things!