Ufone-Telenor Merger Faces Delays Over PTCL’s Regulatory Lapses
The long-anticipated $1 billion PTCL Ufone Telenor Merger has been put on hold due to a series of regulatory lapses by Pakistan Telecommunication Company Limited (PTCL). The Competition Commission of Pakistan (CCP) has raised serious concerns regarding PTCL’s compliance record, market dominance, and lack of transparency. Missing $1 Billion Investment Plan A key factor behind…
