The PTCL-Telenor deal, involving PTCL’s acquisition of Telenor Pakistan, is facing delays due to pending regulatory approvals.
The transaction, initially expected to close earlier, is now likely to finalize within the next two months.
Telenor Pakistan has demonstrated impressive financial results with a 12% growth in service revenue and a 25.2% growth in EBITDA.
The challenging economic and political environment in Pakistan has raised concerns, but Telenor Pakistan's performance has partially offset declines in other Asian markets.