Wednesday, September 03 2025

PTCL, Link Dot pay fines in ICH ruling
The Competition Commission of Pakistan (CCP) has recovered Rs495 million in partial penalties from Long Distance International (LDI) operators in the long-running International Clearing House (ICH) case, following the tribunal’s endorsement of the CCP’s original decision. The recovery includes Rs458m from Pakistan Telecommunication Company Ltd (PTCL) and Rs37m from M/s Link Dot Net. The Competition Appellate Tribunal recently upheld CCP’s findings, which declared the ICH arrangement anti-competitive and unlawful. The ICH, introduced in 2012, routed all incoming international calls through a single PTCL-controlled gateway, eliminating market competition.
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Tuesday, September 02 2025

PTCL-Telenor merger further delayed
The planned merger of Telenor Pakistan with Pakistan Tele­co­mmunication Company Ltd (PTCL) has faced further delays as the Competition Commission of Pakistan (CCP) raised serious concerns over PTCL’s business ethics, funding sources, and lack of transparency in key documents. According to sources, the CCP has flagged PTCL’s failure to submit the required documentation and demanded detailed clarification on its post-merger investment plans, particularly in light of the company’s ongoing financial losses. The commission has also questioned whether Etisalat (e&), the UAE-based parent company of PTCL and Ufone, intends to inject fresh equity to cover existing losses and fund future capital expenditures, including participation in the upcoming 5G spectrum auction.
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Related symbols: ptc (news stock)