PTCL has completed the acquisition of Telenor Pakistan and Orion Towers, positioning itself for enhanced digital transformation and improved service offerings in Pakistan's telecom sector.

Target Overview

Pakistan Telecommunication Company Limited (PTCL) has officially completed the acquisition of 100% of the issued share capital of Telenor Pakistan and Orion Towers, effective 31st December 2025. This strategic move marks the beginning of a transformative era in Pakistan's telecom industry, positioning PTCL to enhance digital enablement nationwide.

Telenor Pakistan, now a wholly-owned subsidiary of PTCL, will continue to function as a separate legal entity during the initial transition phase. Post this period, there are plans to integrate Telenor Pakistan with PTML, popularly known as Ufone 4G, and U Microfinance Bank, forming a newly merged entity (MergeCo), pending necessary regulatory approvals.

Industry Overview

The telecommunications sector in Pakistan has evolved significantly over the past two decades, influenced by the introduction of competitive services and advan