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PTCL’s Acquisition of Telenor Pakistan Faces Fresh Delay

  • The PTCL acquisition of Telenor Pakistan faces a fresh delay with regulatory approvals pending, now expected to close in the second half of 2025.
  • The initial deadline for the acquisition was December 2024, but regulatory review delays pushed it to the end of June 2025, and now further uncertainty surrounds the closing of the deal.
  • The acquisition is waiting for clearance from the Competition Commission of Pakistan (CCP), causing frustration within PTCL and Telenor as further delays could jeopardize the agreement.
  • Once finalized, the acquisition would reshape Pakistan's telecom landscape by strengthening PTCL's position, but for now, the deal remains in regulatory limbo.

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