Islamabad, Pakistan – The Competition Commission of Pakistan (CCP) recently held another hearing as part of its Phase II review of PTCL’s proposed acquisition of Telenor Pakistan. The CCP is carefully examining the potential impact of this merger on the telecommunications sector in Pakistan.
Focus on Competition
The CCP is particularly interested in how this acquisition might affect market concentration and competition in the telecom industry. To ensure a thorough review, they are allowing all stakeholders to present their views.
Stakeholder Perspectives
- Transworld Associates: Has urged the CCP to consider implementing preventive measures, including structural and behavioral remedies, to safeguard competition, citing international examples.
- Telenor Pakistan: Defended the merger, highlighting its potential benefits.
- PTCL, Wateen Telecom, and Jazz: Have also participated in previous hearings, presenting their perspectives on the deal.
CCP’s Role
The CCP is committed to ensuring fair competition in the market and protecting consumers. Its detailed review will determine whether the acquisition is approved and if any conditions will be imposed to maintain a competitive telecom landscape in Pakistan. The hearing will continue in a future session.
