PTCL Acquires Telenor Pakistan | Transforming Digital Future

Pakistan Telecommunication Company Limited (PTCL) has officially completed the acquisition of 100% shareholding of Telenor Pakistan and Orion Towers, effective 31st December 2025. This landmark acquisition represents a significant transformation in Pakistan’s telecom industry and reinforces PTCL’s commitment to advancing the country’s digital ecosystem.

Telenor Pakistan Becomes a PTCL Subsidiary

With this acquisition, Telenor Pakistan and Orion Towers now operate as wholly owned subsidiaries of PTCL, alongside Pak Telecom Mobile Limited (PTML – Ufone 4G) and U Microfinance Bank. During the transition phase, Telenor Pakistan will continue to function as a separate legal entity.

Subject to regulatory approvals, PTCL plans to integrate PTML and Telenor Pakistan into a single merged entity (MergeCo). This integration is expected to enhance operational efficiency, improve network performance, and deliver superior digital services nationwide.

Recognizing Telenor’s Contribution to Pakistan’s Telecom Sector

PTCL acknowledged the valuable role played by Telenor ASA in shaping Pakistan’s telecommunications landscape. Over nearly two decades, Telenor contributed significantly to expanding mobile connectivity, improving service quality, and fostering healthy competition in the telecom market.

Driving Innovation and Customer-Centric Digital Services

The acquisition combines complementary strengths to create a stronger, customer-focused telecom platform. The future MergeCo will be positioned to:

Expand network coverage and capacity
Optimize spectrum resources
Deliver seamless, secure, and digitally enabled services
Support Pakistan’s growing demand for advanced digital connectivity
These initiatives align closely with Pakistan’s digital transformation goals.

PTCL Leadership’s Vision for the Future

Commenting on the milestone, Hatem Bamatraf, President & Chief Executive Officer of PTCL and Ufone 4G, described the acquisition as a proud moment for PTCL and a major development for Pakistan’s telecom sector. He emphasized PTCL’s continued focus on customer-centric, high-quality services aimed at enhancing user experience.

He also welcomed colleagues joining through the transition, reaffirming PTCL’s commitment to people, continuity of talent, and the adoption of industry best practices. Together, he stated, the organization will build a future-ready telecom company that empowers employees, serves customers better, and supports Pakistan’s digital growth.

Strengthening Pakistan’s Digital Economy

This strategic union is expected to strengthen Pakistan’s digital economy by connecting millions of users through improved technology, broader coverage, and innovative digital solutions. PTCL reiterated that its focus remains on delivering exceptional customer experiences and accelerating digitalization across Pakistan.