Mobilink has said that the Pakistan Telecommunication Authority (PTA) must effectively regulate the telecom sector as a self-destructive approach under the cover of aggressive competition is hurting the industry.
“A self-destructive behaviour in the guise of aggressive competition is negatively affecting the telecom sector,” said Mobilink Deputy Chief Executive Officer Aamir Ibrahim while speaking at a press conference to mark the re-launch of the company’s Jazz brand on Saturday.
He suggested that the PTA needed to regulate prices and other matters to pave the way for smooth competition in the telecom sector.
Turning to the merger between Mobilink and Warid, Ibrahim said the process would take four to six months. After approval of the Competition Commission of Pakistan, the case is now with the PTA.
It will also need a green signal from the Securities and Exchange Commission of Pakistan and the State Bank of Pakistan. Defending the merger, Ibrahim pointed out that in 80% of countries, three to four telecom operators were running the industry whereas only 20% of nations had more than four telecom service providers.
Published in The Express Tribune, April 24th, 2016.
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