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PTCL-Telenor Deal Faces Delays, Closing Expected in Next Two Months

  • 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.

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