Acquiring Company
Telenor Group
Acquired Company
Pakistan Telecom Mobile Limited
Fornebu
IslamabadHardwareWirelessCall CenterTelecommunicationsHardwareSatellite CommunicationVoipCall CenterDescription
Telenor ASA has received regulatory approval to merge its Pakistan operations with Ufone. This significant move will streamline Telenor's presence in a volatile market, allowing for better resource allocation and focusing on higher-return areas like Bangladesh. The merger is anticipated to unlock value for shareholders and enhance the overall operational efficiency of the combined entity.
Quick answer
Telenor Group is acquiring Pakistan Telecom Mobile Limited, announced March 24, 2026. Telenor Group is based in Fornebu, Viken, Norway.
- How much did Telenor Group pay for Pakistan Telecom Mobile Limited?
- The deal value was not disclosed.
- What does Telenor Group do?
- Telenor Group is a leading telecommunications company, operating in multiple Nordic markets with a strong focus on profitable growth and customer experience.
- Where are Telenor Group and Pakistan Telecom Mobile Limited based?
- Telenor Group is based in Fornebu, Viken, Norway. Pakistan Telecom Mobile Limited is based in Islamabad, Islamabad Capital Territory, Pakistan.
- Who are the decision-makers at Telenor Group?
- Fundz holds 2 contacts at Telenor Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Telenor Group, and when
When Telenor Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Pakistan Telecom Mobile Limited?
Pakistan Telecom Mobile Limited was acquired by Telenor Group, based in Fornebu. The deal was reported on March 24, 2026. Telenor Group is a leading telecommunications company, operating in multiple Nordic markets with a strong focus on profitable growth and customer experience. Telenor Group is publicly traded (TELNY) and operates in Hardware.
When did Telenor Group acquire Pakistan Telecom Mobile Limited?
Telenor Group's acquisition of Pakistan Telecom Mobile Limited was reported on March 24, 2026. Telenor ASA has received regulatory approval to merge its Pakistan operations with Ufone. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pakistan Telecom Mobile Limited do?
Pakistan Telecom Mobile Limited (PTML) operates a merged mobile network combining Ufone and Telenor Pakistan. The combined entity serves millions of subscribers across Pakistan. PTML is involved in the telecommunications sector. It is privately held, operating in Hardware, and is based in Islamabad.
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