Compliance Concerns Push Back PTCL-Telenor Merger
Facing a fresh setback, the PTCL-Telenor Pakistan merger has been stalled after the Competition Commission of Pakistan raised red flags over PTCL’s transparency, funding sources, and business ethics. Regulators have demanded detailed post-merger investment plans, clear equity injections from parent Etisalat, and precise data on international direct-dialling revenues. With both PTCL and Ufone reporting heavy losses, the CCP remains unconvinced about the deal’s viability and its impact on market competition.
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