Telenor Pakistan | Pakistan

ISLAMABAD: Telenor Pakistan has been formally amalgamated into Pak Telecom Mobile Limited (PTML) from Wednesday, as final statutory approval has been granted by the Islamabad High Court (IHC). Telenor Pakistan has ceased to exist as a separate legal entity, and the amalgamation marks the completion of one of the most significant transactions in the country’s telecommunications history. The merged telecom company is now a wholly owned subsidiary of PTCL and will operate as PTML. Data released by the Pakistan Telecommunication Authority (PTA) shows that by the end of May 2026, there were more than 206 million mobile subscribers, with Jazz remaining the largest telecom operator with 36.42pc of the total mobile subscriber base, followed by Zong with 26.62pc. The combined share of the merged entity now stands at 35.91pc. However, a senior executive of Ufone said that around 4m out of approximately 74m total subscribers of the merged telecom company could leave the network in the coming months. “This is because sub...

Pakistan Telecommunication Company Limited (PTCL) on Wednesday completed the acquisition of 100 percent of the issued share capital of Telenor Pakistan and Orion Towers, said a press release. The Pakistan Tele­communication Authority (PTA) approved the merger of Telenor Pak­i­stan with PTCL earlier in December. The regulator, however, imposed strict conditions to prevent abuse of market power and to bind the new entity to invest in upcoming spectrum auctions. “Telenor Pakistan and Orion Towers will operate as 100% owned subsidiaries of PTCL, alongside Pak Telecom Mobile Limited (PTML) commonly known as Ufone 4G, and U Microfinance Bank.” However, Telenor Pakistan will continue to operate as a separate entity during the transition period, said the statement, adding that PTML and Telenor will then be merged as a single entity in “due course of time”, subject to regulatory approvals. Acknowledging the contribution of Telenor to Pakistan’s telecom landscape, PTCL said the telco “played a defining role in elevatin...