Islamabad, October 22, 2024 – The Competition Commission of Pakistan (CCP) is currently conducting a thorough review of the proposed acquisition of Telenor Pakistan and Orion Towers by Pakistan Telecommunication Limited (PTCL). This complex merger has significant implications for the Pakistani telecommunications landscape, and the CCP is carefully considering all perspectives.
Today marked the fourth hearing in this ongoing review process. Zong, a major competitor in the telecom sector, raised concerns about the potential for an unfair concentration of spectrum if the merger is approved. Zong’s legal counsel argued that the combined entity would control a significant portion of the market’s spectrum, potentially stifling competition.
The CCP has also heard arguments from PTCL, Watin Telecom, and Jazz, each presenting their own views on the potential benefits and drawbacks of the merger. The Commission is committed to gathering all relevant information before reaching a decision.
The hearing will resume on October 24th, as the CCP continues its efforts to ensure a fair and competitive telecom market for Pakistani consumers.
