Norwegian telecommunications company Telenor ASA is reportedly considering the sale of its 55% stake in Easypaisa Bank, a move that could mark the company’s complete exit from Pakistan after more than two decades of operations in the country.
According to reports, Telenor has hired Citigroup to explore strategic options for its investment in Easypaisa. The stake is believed to be worth several hundred million dollars, making it one of the most significant potential transactions in Pakistan’s digital financial sector.
Easypaisa is one of Pakistan’s leading digital banking and mobile payment platforms. Over the years, it has transformed the way millions of Pakistanis send money, pay bills, and access financial services. The platform is jointly owned by Telenor and China’s Ant Group, a global financial technology company known for its digital payment solutions.
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The possible sale comes shortly after Telenor completed the sale of its telecom operations in Pakistan. If the Easypaisa transaction moves forward, it would officially end Telenor’s presence in the Pakistani market, where it has operated for more than 20 years.
Industry experts believe the move reflects Telenor’s broader strategy of focusing on key markets and optimizing its global business portfolio. Despite the potential ownership change, Easypaisa is expected to continue serving its large customer base and maintaining its position as a major player in Pakistan’s growing digital economy.
The development has attracted attention from investors and market analysts, as Easypaisa remains one of the most valuable fintech platforms in the country. Any change in ownership could influence the future direction of digital banking and financial technology services in Pakistan.
As discussions continue, stakeholders across the financial and technology sectors will closely watch the outcome of the potential deal. If completed, it would mark the end of an important chapter in Telenor’s history in Pakistan and open a new phase for Easypaisa’s future growth.
