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CCP Flags Transparency Issues in PTCL-Telenor Merger Review

  • The Competition Commission of Pakistan (CCP) has been approached to review the merger between PTCL and Telenor before the upcoming spectrum auction.
  • CCP has completed Phase I of its review, identifying risks of substantial competition reduction in the telecom market.
  • Transparency issues have arisen due to difficulties in obtaining relevant financial data from PTCL and concerns about cross-subsidization.
  • The CCP is conducting a comprehensive evaluation, including the analysis of market power concentration and the potential impact of the merger.

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