Delay in nod for merger with Telenor irks PTCL

Delay in nod for merger with Telenor irks PTCL

ISLAMABAD: PTCL Group President and Chi­ef Executive Hatem Bam­atraf on Monday said that the Competition Commi­ssion of Pakistan (CCP) has unfairly delayed the approval of Telenor Paki­stan’s merger with PTCL. “We are waiting for the approval and are surprised by the delay. It should not have taken place,” Mr Bamatraf said, responding to a query from the media. Unveiling the financial results for the first quarter of 2025, the CEO said that PTCL…

Telenor’s and Orion’s acquisition: CCP decision delay threatens pact: PTCL chief

ISLAMABAD: President and Group CEO of Pakistan Telecommunication Company Limited (PTCL) Hatem Bamatraf has warned...

PTCL CEO Warns CCP Delay on Telenor Pakistan Acquisition as Q1 Revenue Soars 22%

ISLAMABAD: President and Group CEO of Pakistan Telecommunication Company Limited (PTCL) Hatem Bamatraf has warned that further delay in Competition Commission of Pakistan (CCP)’ decision regarding acquisition of Telenor Pakistan Pvt Ltd and Orion Towers may impact the agreement between the two companies, as the deadline is approaching nearer. This he stated while announcing the PTCL group financial results for first quarter (Q1), 2025, ending Ma…

PTCL CEO Sounds Alarm Over CCP Delay Threatening Telenor Acquisition Deal

Copyright protected content copied from PhoneWorld website. President and Group CEO of Pakistan Telecommunication Company Limited (PTCL), Hatem Bamatraf, has raised concerns over the prolonged delay by the Competition Commission of Pakistan (CCP) in approving PTCL’s acquisition of Telenor Pakistan Pvt Ltd and Orion Towers. He warned that the delay could jeopardize the agreement between the two companies, especially as the extended deadline appro…