CorporateQuick read

Privatisation Commission blocks Ufone’s proposed ‘e&’ rebranding, says matter requires intergovernmental approval

Business Recorder • • 1 min read

Privatisation Commission blocks Ufone’s proposed ‘e&’ rebranding, says matter requires intergovernmental approval

According to Business Recorder, the Privatisation Commission has told the Pakistan Telecommunication Authority to hold off on approving the proposed renaming of Ufone as “e&”. The commission said the issue is reserved for the governments concerned and can only be cleared by both of them. The PTA chairman, speaking to reporters, said the regulator had been instructed not to proceed after the Ufone and Telenor Pakistan merger.

The PTA chairman added that the proposal rests on obligations shared by the two governments, so the regulator alone cannot settle it. Meanwhile, the government has not reached a final decision, and consultations among relevant authorities are still ongoing. Before the Senate panel on IT and Telecom, the Secretary of that ministry said Pakistan Telecommunication Mobile Limited had asked PTA for permission to change the brand. He noted that the Competition Commission of Pakistan and PTA hold differing views on the change.

The secretary stressed that no final decision has been made on replacing the established Ufone name with e&, and further consultations will come before any decision is reached. The committee also examined the regulatory process and policy implications of changing an established brand. The outcome remains open while the review continues.

At a glance

  • The Privatisation Commission directed PTA not to approve the Ufone to e& brand change.
  • The government has not yet taken a final decision on the proposed rebranding.
  • The Competition Commission of Pakistan and PTA hold different views on the proposed change.
Sectors:Technology & Communication

Originally reported by Business Recorder

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings