ISLAMABAD: 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........

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