Govt may merge Ufone completely with PTCL

ISLAMABAD: An inter-ministerial committee on Thursday discussed merging Ufone — a subsidiary of PTCL — either with PTCL or another telecom operator.

The committee also reviewed the status of PTCL’s privatisation dues, technical services assistance fee agreement, spectrum licence renewal of Ufone and revitalising PTCL and its subsidiary – mainly the telecom operator.

PTCL and Ufone are working on merging their businesses for long, however, due to design and operations of both the operators, the process has remained very gradual, claims ProPakistani.

According to the report, both companies have decided to further merge departments including, Sales & Distribution, Marketing and Product & Pricing, Business Operations, Corporate Strategy, and Internal Audit.

PTCL said that previously merged departments have shown significant improvement in terms of productivity and the company hoping to continue the streak with rest of the functions that have been merged now, according to the media report.