Pakistan’s competition watchdog has flagged major antitrust violations by PTCL, derailing its proposed acquisition of Telenor Pakistan. Aftab Maken The proposed merger between Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan has hit a regulatory wall after the Competition Commission of Pakistan (CCP) presented a comprehensive dossier detailing PTCL’s long-standing …
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BeNewz Report Pakistan’s competition regulator has questioned PTCL’s financial capacity to sustain the planned Telenor Pakistan merger, demanding binding investment commitments. The Pakistan Telecommunication Company Limited (PTCL) is under mounting scrutiny from the Competition Commission of Pakistan (CCP) over its planned merger with Telenor Pakistan, as regulators raise doubts about …
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Pakistan Telecommunication Company Limited reported a Rs 9.90 billion half-year loss, exposing structural weaknesses, while $800m privatization dues from Etisalat remain unsettled. Pakistan Telecommunication Company Limited (PTCL), once Pakistan’s telecom monopoly and still the largest fixed-line operator, has reported a massive consolidated loss of Rs 9.90 billion for the half-year …
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Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) has expressed dissatisfaction with the proposed business plan for the merger of Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan During ongoing proceedings under Section 11(6) of the Competition Act, 2010, the CCP directed PTCL’s management to submit a revised plan …
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