Pakistan Telecommunication Company Limited (PTCL) today formally completed the acquisition of 100 percent of the issued share capital of Telenor Pakistan and Orion Towers from 31st December 2025 onwards.
Today onwards, Telenor Pakistan and Orion Towers will operate as 100% owned subsidiaries of PTCL, alongside Pak Telecom Mobile Limited (PTML), commonly known as Ufone 4G, and U Microfinance Bank. Telenor Pakistan will continue to operate as a separate legal entity during the transition period, following which PTML and Telenor Pakistan are planned to be integrated as a merged entity (MergeCo) in due course of time, subject to regulatory approvals.
PTCL acknowledges the contribution of Telenor ASA to Pakistan’s telecom landscape. As a competitor and industry peer, Telenor played a defining role in elevating service quality and expanding connectivity over nearly two decades.
This milestone brings together complementary strengths to create a platform with a stronger focus on customer centricity, broader reach, and accelerated innovation. In the future, the MergeCo will be positioned to expand network capabilities, optimize spectrum resources, and deliver seamless, secure, and digitally enabled services designed around evolving customer needs and aligned with Pakistan’s digital ambitions.
Commenting on the occasion, Hatem Bamatraf, President & Chief Executive Officer, PTCL & Ufone 4G, said,
This is a proud moment for PTCL and a significant milestone for Pakistan’s telecom sector. Our focus remains on delivering a customer-centric, seamless, and high-quality services for improvement in user experience as we bring combined strengths at scale upon completion of regulatory approvals.
He further added, “I warmly welcome our colleagues and want to assure them that this transition is rooted in respect for people, continuity of talent, and thoughtful integration of industry best practices. Together, we will build a stronger, future-ready organization that serves customers better, empowers its people, and advances Pakistan’s digital future.”
This union strengthens Pakistan’s digital economy, connecting millions with superior technology and services. PTCL said their focus remains steadfast: delivering unmatched customer experiences and boosting digitalization across Pakistan.
Best of luck to PTCL. Hope if proves good for the country, company and people.
expecting mobile bundles to get lower rates boardband can go how much they want
Best of Good luck.
Spreads wings into what. Telenor left Pakistan and it’s infrastructure is overtaken by ptcl. And ptcl is owned by UAE Etisalat. What Pakistan gets.. zero + zero = zero
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