The Pakistan Telecommunication Authority (PTA) has officially commenced the regulatory proceedings for a major shift in the country’s telecom landscape. The authority has received an application seeking the transfer of licenses from Telenor Pakistan (Private) Limited to Pakistan Telecommunication Mobile Limited (PTML), commonly known as Ufone.
Following this transfer, the two entities will undergo a complete amalgamation.
Ufone to Survive, Telenor Pakistan to Exit
According to the public notice issued by the PTA, the proposed merger will result in significant operational changes. Once the regulatory approvals are complete and the amalgamation is finalised, PTML (Ufone) will remain as the surviving entity.
Conversely, Telenor Pakistan will cease to operate as a separate licensed company.
The notice clarifies that all mobile cellular licenses, operations, and assets currently held by Telenor Pakistan will be transferred to PTML. This transfer is comprehensive, covering all liabilities, rights, and obligations. Furthermore, this amalgamation applies to operations across all regions, specifically including Pakistan, Azad Jammu and Kashmir (AJ&K), and Gilgit Baltistan (GB).
Public Feedback Sought
To ensure transparency, the PTA has invited all telecom consumers, stakeholders, and interested persons to share their views. The authority is accepting written comments regarding this subject matter.
Stakeholders must submit their feedback to the Director General (Wireless Licensing) at the PTA Headquarters in Islamabad. Submissions can also be sent via email to [email protected].
It is important to note that the deadline for these submissions is strict. The PTA has directed that all comments must be provided within 7 days of the publication of this notice.
