ISLAMABAD: The long-pending merger of Telenor Pakistan and Ufone is finally entering its closing phase and is likely to be formally concluded in the first week of December.
After a year of deliberations and procedural completion from competition and op efficiency perspective, it has been learnt that all major milestones have been cleared and the final approvals are now underway.
According to the process, the Competition Commission of Pakistan (CCP) has already issued its order, paving the way for the next regulatory steps. The merger case is being reviewed by the Pakistan Telecommunication Authority (PTA), which will issue its order once due diligence is completed. Following PTA’s approval, the case will proceed to the State Bank of Pakistan (SBP) for financial clearance, and finally to the Securities and Exchange Commission of Pakistan (SECP) for corporate and structural approval.
According to the officials, the completion of this high-value merger will bring a major shift in Pakistan’s telecom landscape, bringing two key operators under a consolidated structure.
Copyright Business Recorder, 2025
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