CCP approves PTCL’s acquisition of Telenor Pakistan, Orion Towers

Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced that the Competition Commission of Pakistan (CCP) has approved its proposed acquisition of Telenor Pakistan BV and Orion Towers (Private) Limited. PTCL-Telenor merger: CCP to issue conditional approval “It is to notify that the CCP on October 1, 2025, has passed the Phase-II Order in relation to the pre-merger application earlier filed by PTCL and TPBV pursuant to Subsection (2) of Section 11 of the Competition Act, 2010, read with Regulation 6 of the Competition (merger control) Regulations, 2016, approving the transaction,” read the notice. The CCP, in its Phase-II Order issued in compliance with the provisions of the Competition Act, 2010 and the Competition (Merger Control) Regulations, 2016, has accorded the approval of the transaction. “However, finalisation of the transaction is still subject to other corporate/regulatory approvals, completion of formalities, and signing of necessary agreement(s)/instrument(s) and closing obligations,” said PTCL. In a separate statement, PTCL said that it is grateful to the CCP for successfully concluding Phase II of the review of its acquisition of Telenor Pakistan.