Competition Commission of Pakistan is all set to hear Mobilink-Warid merger case this Friday, we have checked with sources who are directly aware of the development.
Mobilink and Warid Telecom had applied for merger with Competition Commission of Pakistan for approval. Along side, PTA and other concerned authorities are also being taken on-board, however, CCP’s nod is going to be most crucial part for the mandatory approval process after which both companies will be allowed to join their businesses in the country.
Khalil Vadiyya, Chairman CCP, confirmed that both Mobilink and Warid have submitted all required details and necessary documents for the merger.
CCP, during its hearing, will try to ascertain if merger of Mobilink and Warid will create any anti-competitive scenarios in the market or not.
Anusha Rehman, Minister for IT and Telecom, has already said that laws don’t restrict the merger of two companies.
Sources suggest that Mobilink-Warid merger is a smooth case and there aren’t going to be any issues.
We will be updating our readers when we get more information on the case.
Also Read: Anatomy of Mobilink-Warid Merger