Pakistan Telecommunication Company Limited (PTCL) shareholders have approved the company’s acquisition of 100% shares in Telenor Pakistan (Private) Limited and Orion Towers (Private) Limited, marking a major consolidation in the country’s telecom sector.
The resolutions, passed at PTCL’s 9th Extraordinary General Meeting on November 20, 2025, authorize the company to acquire all shares of both Telenor Pakistan and Orion Towers from Telenor Pakistan BV, as outlined in a share purchase agreement signed in December 2023.
In addition to the acquisition, shareholders also approved PTCL’s plan to secure up to $400 million in financing from the International Finance Corporation (IFC), Silk Road Fund (SRF), British International Investment (BII), and other potential lenders.
The financing will be arranged under the terms of a Common Terms Agreement dated June 27, 2024.
The meeting further ratified all previous board resolutions related to the acquisition and financing, and delegated broad authority to the PTCL Board of Directors to execute all necessary steps, seek regulatory approvals, and appoint advisors to complete the transactions.
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Finally, one of the major 2 major hurdles in spectrum auction is getting resolved. While spectrum under court case. Hope that the Court will declare the decision within next week.
And include the 25 billion rs loan from Telenor.
And the 25 billion rs loan from Telenor 😆
112 bn main purchase kiya hai. 25bn kia cheez hai?
We in Upper Dir Sheringal still deprived of 4G LTE Telenor. The tower 🗼 No IUUD43 has stopped working to provide us 4G LTE Telenor service. The local people have turned the sectors Or signal devices towards their own village and deprived all the downward Area which is comprised of thousands of people.
Well does it even matter.
Garbage x garbage = bigger garbage
Abdullah the butcher shop and