Advertisement
Categories: News

Press Release : Telenor Pakistan formally amalgamates into PTML following statutory approvals

Advertisement

Telenor Pakistan will formally amalgamate into Pak Telecom Mobile Limited PTML (Ufone 5G) with effect from July 2026, marking the completion of one of the most significant transactions in the country’s telecommunications history. The amalgamation follows the receipt of the final statutory approval from the Islamabad High Court, which brought to close a comprehensive regulatory process spanning multiple regulatory and statutory institutions. From here on, Telenor Pakistan will cease to exist as a separate legal entity.

With this development, Telenor Pakistan’s operations, network infrastructure, and customer base will be fully integrated into PTML (Ufone 5G), creating a combined entity with expanded reach, a stronger spectrum portfolio, and greater capacity to invest in next-generation connectivity and digital services across the country.

Speaking on the occasion, President & CEO, PTCL, Hatem Bamatraf, said, This is a defining moment for our company and for Pakistan’s telecom industry. We are deeply grateful to the Government of Pakistan and to every institution involved in this process for their diligence, and support throughout this journey. I would also like to extend my heartfelt thanks to our customers, whose trust has carried both Ufone and Telenor Pakistan through this transition, and to our employees, whose dedication and hard work made this milestone achievable. As we come together as one company, our ambition is to bring our customers cutting-edge products and services that set a new benchmark for digital experience in Pakistan.

The combined entity, (a wholly owned independent subsidiary of PTCL) will operate as PTML, with the continued commitment to expanding 5G coverage, strengthening digital infrastructure, and delivering improved services to millions of customers nationwide. Ufone 5G has promised continuity of service for both Ufone 5G and Telenor Pakistan customers during the integration process, with access to superior connectivity and digital experience.

Advertisement
News Desk

Recent Posts

Albanian Land Seller Linked to Kushner-backed Project Faces Money Laundering Probe

An Albanian-American man, Artur Shehu, is under investigation for alleged drug trafficking and money laundering.…

28 minutes ago

FDA Issues Salmonella Warning Over Potato Chips Recall

The US Food and Drug Administration (FDA) has upgraded a recall of several popular brands…

44 minutes ago

Wildfire Kills Two in Northern Greece, Burns Woman Rescued

Two people died when a wildfire destroyed a house in northern Greece. The fire started…

1 day ago

Vint Cerf Retiring as Google’s Chief Internet Evangelist

Vint Cerf, widely credited as the father of the internet, will step down next week…

1 day ago

Lahore Court Grants Pre-Arrest Bail to YouTuber Aroob Jatoi in Gambling Apps Case

A Lahore sessions court has approved pre-arrest bail for YouTuber Aroob Jatoi in a gambling…

1 day ago

Select Technologies IPO Public Subscription Opens on July 2

The general public subscription for the Initial Public Offering of Select Technologies Limited, a wholly…

1 day ago