Telenor might sell its Easypaisa stake

June 05, 2026 (MLN): Telenor is weighing a sale of its stake in Easypaisa, the Pakistani digital bank, and has brought in Citigroup to assist with the process.

The Norwegian telecom group is seeking a buyer for the holding, which could fetch several hundred million dollars, as per sources, according to Bloomberg.

Initial bids from prospective buyers are expected to be solicited within the coming months, though no final decisions have been taken.

Ant Group holds the remaining stake in Easypaisa, which has established itself as one of Pakistan's most recognized platforms for digital cash transfers. Telenor, Citigroup and Ant Group did not offer comment.

The potential divestment comes after Telenor already exited Pakistan's mobile telecommunications market through a deal worth around $490 million.

A sale of the Easypaisa stake would mark a full withdrawal from the country for the company, which has operated in Pakistan for roughly two decades joining a growing list of multinationals such as Procter & Gamble and Shell that have wound down local operations in recent years.

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