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Ufone–Telenor merger approved: What it means for Pakistan’s telecom future

The development places Pakistan Telecommunication Corporation Limited aka PTCL as one of the most dominant players in the country's telecom sector

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Shuja Qureshi

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With over 20 years of combined experience in media and stock brokerage, Shuja Qureshi is a seasoned professional who hosts a weekly stock market show on Nukta. Passionate about personal finance, he also presents 'How to Money with Shuja Qureshi' on Nukta.

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Shahbaz Ashraf

Business Consultant

Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).

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Ufone–Telenor merger approved: What it means for Pakistan’s telecom futureplay icon
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After a constant loop of will they-won't they, the Competition Commission of Pakistan has finally approved the Ufone-Telenor merger, which firmly places Pakistan Telecommunication Corporation Limited aka PTCL as one of the most dominant players in the country's telecom sector.

The merged entity is poised to unlock substantial value through cost savings, operational efficiencies, and, most importantly, higher ARPU. Watch the full breakdown of what this merger means for PTCL in this video.

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