IHC clears amalgamation of Telenor Pakistan into PTML
The Islamabad High Court has approved the merger of Telenor Pakistan into PTML, clearing the final legal hurdle for a major telecom consolidation that will adopt the "e&" brand.
- New "e&" brand identity for the merged entity.
- Legal and regulatory approvals for the telecom merger.
- Consolidation of Pakistan's mobile operators.
ISLAMABAD: Pakistan’s biggest telecom consolidation entered its final phase on Tuesday after the Islamabad High Court (IHC) formally approved the amalgamation of Telenor Pakistan (Private) Limited into Pak Telecom Mobile Limited (PTML), clearing the final legal hurdle for the integration of the country’s mobile operators.
Sources said the new company will abandon both the Ufone and Telenor brands once the integration process is completed and will adopt the “e&” identity as part of the UAE-based group’s global branding strategy.
The move will align Pakistan with “e&’s” international telecom operations, where the group has been consolidating businesses under a unified global brand.
READ MORE: PTA grants NOC for Telenor Pakistan, PTML merger
The IHC approval follows the Pakistan Telecommunication Authority’s (PTA) issuance of the final No Objection Certificate (NOC), paving the way for the operational integration of the two telecom operators.
Justice Khadim Hussain Soomro sanctioned the Scheme of Amalgamation under Sections 279 to 283 and 285(8) of the Companies Act, 2017, ruling that the merger complies with all legal requirements, is fair to shareholders and creditors, and is not contrary to the public interest.
The court observed that all secured creditors of both companies unanimously approved the merger after furnishing their No Objection Certificates (NOCs).
It also noted that the International Finance Corporation (IFC) consortium separately submitted its NOC before the Securities and Exchange Commission of Pakistan (SECP).
Copyright Business Recorder, 2026
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