Telenor ASA, a Norwegian telecommunications company, was founded in 1855. As a publicly traded company with partial state ownership, it employs approximately 24,000 people. Its headquarters are located in Norway, and in 2024, the company reported revenues exceeding $1 billion. Telenor's primary business is providing telecommunications services.
The Senate Standing Committee on IT and Telecom received updates on the PTCL-Telenor merger on multiple occasions. On Thursday, September 18, 2025, the committee learned that the merger's completion was expected within two weeks. The Competition Commission of Pakistan (CCP) Chairman, Dr. Kabir Ahmed Sidhu, attributed the 18-month review period to the merger's complexity. Similar statements regarding the two-week timeframe for finalization were made to the committee on other unspecified Thursdays. Another report indicated that the Ufone and Telenor merger, also long-delayed, is expected to be finalized within two weeks.
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