Telenor Pakistan

Telenor Pakistan
Company typeSubsidiary
IndustryTelecommunications
FoundedApril 2004; 20 years ago (2004-04)
HeadquartersIslamabad, Pakistan
Area served
Pakistan
Key people
Khurrum Ashfaque (CEO)
ProductsMobile Telephony, Internet, Devices, SIM operator
RevenueDecrease NOK 4,411 million[1] (2023)
ParentTelenor ASA
SubsidiariesTelenor Bank
Websitewww.telenor.com.pk

Telenor Pakistan (Pvt.) Limited (Urdu: ٹیلی نار پاکستان) is a Pakistani wireless network operator headquartered in Islamabad, Pakistan. Khurrum Ashfaque is the current chief executive officer (CEO).[2]

Telenor started its operations in Pakistan in March 2005. Over the years, Telenor invested more than $2 billion in terms of foreign direct investment (FDI) in Pakistan.[3] In December 2023, Telenor ASA decided to sell its subsidiary, Telenor Pakistan, to PTCL for $385 million.[4]

As of August 2024, Telenor Pakistan has a total subscriber base of 44 million in Pakistan, among which 25 million are 4G/LTE subscribers. With a market share of 23%, it is currently the third largest mobile phone network in Pakistan.[5]

  1. ^ "Telenor Annual Report 2023" (PDF). Telenor ASA. Retrieved 10 May 2024.
  2. ^ Yu, Alice (18 August 2023). "Khurrum Ashfaque appointed CEO of Telenor Pakistan as Irfan Wahab Khan joins leadership team in Telenor Asia". Telenor Asia. Retrieved 8 November 2023.
  3. ^ "Telenor Pakistan is the fastest growing mobile operator in Pakistan" (PDF). www.invest.gov.pk.
  4. ^ Shahid, Jamal (15 December 2023). "PTCL acquires 100pc shares of Telenor Pakistan for Rs108bn". DAWN.COM.
  5. ^ "Telecom Indicators | PTA". www.pta.gov.pk. Retrieved 26 July 2024.