TELECOM
Pakistan Telecommunication Company Limited has received a No Objection Certificate (NOC) from the Pakistan Telecommunication Authority for the consolidation and transfer of telecom licenses, as well as the proposed amalgamation of Telenor Pakistan (Private) Limited into Pak Telecom Mobile Limited, according to a notification submitted to the Pakistan Stock Exchange.
The development follows PTA’s letter dated April 2, 2026, granting regulatory approval for the restructuring process involving PTCL’s wholly owned subsidiaries.
The company stated that the proposed merger will be carried out through a scheme of arrangement in accordance with applicable laws and regulatory requirements.
The consolidation is expected to streamline operations and strengthen PTCL’s position in Pakistan’s competitive telecom sector. Further updates regarding the implementation of the scheme will be shared with the Exchange in due course, said PTCL – ER News Desk
READ MORE
PM Special Initiative: Industrial, Agricultural Sectors Consume 2,164 GWh of Additional Electricity in Just Three Months
ENERGY The government’s Surplus Power Package has triggered a considerable surge in electricity demand from…
NHA Senior Engineers Begin Feasibility Studies for Karachi Port–Hyderabad M-10 Motorway
MOTORWAYS Federal Minister for Communications Abdul Aleem Khan chaired a high-level meeting of the National…
Amalgamation of Telenor into Pak Telecom: PTCL Receives PTA NOC for Telenor Pakistan Merger
TELECOM Pakistan Telecommunication Company Limited has received a No Objection Certificate (NOC) from the Pakistan…
Microsoft to invest $10 billion in Japan for AI and cyber defence expansion
TECHNOLOGY Microsoft on Friday said it will invest 1.6 trillion yen ($10 billion) in Japan…
SG Power Limited Appoints Umer Ali Malik as CEO, Charts Strategic Transformation Plan
PAKISTAN SG Power Limited has appointed Umer Ali Malik as its Chief Executive Officer with…
ARCHION Corporation Listed on Tokyo Stock Exchange, Begins Operations
WORLD ARCHION Corporation, a newly formed holding company created through the business integration of Hino…
Leave a Reply