Business

CCP to Announce Decision on PTCL-Telenor Merger Soon

The Competition Commission of Pakistan (CCP) will soon share its decision on the Pakistan Telecommunication Company Limited’s (PTCL) acquisition of Telenor Pakistan Private Limited and Orion Towers Private Limited.

A CCP member disclosed this during an interview on Aaj TV’s program “Paisa Bolta Hay.”

The CCP has completed the Phase-II review, which involved in-depth analysis and consultations with stakeholders, including regulators, competitors, and market players. This review was initiated due to concerns about potential competition issues and the risk of abuse of market dominance. The official said while dominant market positions are not problematic, their abuse could harm competition.

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Pending information from PTCL is expected to finalize the case, which the official described as complex and unique within the telecommunications sector. He emphasized that the decision will include measures to mitigate any potential negative impacts on competition.

Unlike previous cases such as the Jazz-Warid merger, this transaction has big implications and could impact billions of dollars in the long term. The CCP official reiterated that the commission’s decision will align with both competition laws and sectoral regulations.

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ProPK Staff