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Telenor-Ufone merger nears completion after 18-month review, with 5G auction pending amid legal delays.
The merger between Telenor and Ufone in Pakistan is expected to conclude within one to two weeks, following a 18-month review by the Competition Commission of Pakistan, which cited delays due to required documents from PTCL.
Despite concerns over the lengthy process, officials confirm the deal is nearing finalization.
Meanwhile, the PTA remains ready for the 5G auction, though pending legal cases could cause delays.
Telenor has warned that the 21-month regulatory delay for PTCL’s acquisition of Telenor Pakistan could harm investor confidence and Pakistan’s digital progress, stressing the deal’s importance for sector consolidation and market stability.
La fusión de Telenor-Ufone está cerca de completarse después de una revisión de 18 meses, con la subasta de 5G pendiente en medio de retrasos legales.