The Competition Commission of Pakistan (CCP) is preparing to approve the PTCL-Telenor merger, following intervention from the Special Investment Facilitation Council (SIFC).
PTCL has submitted a revised settlement offer and a $1 billion investment plan from UAE-based telecom giant e& is included in the proposed deal.
CCP is seeking a detailed timeline and investment breakdown before giving the final approval.
The merger is expected to intensify telecom competition in Pakistan and lead to improved mobile services for consumers.