2100 MHz 3G can be deployed in a chunk of 15 MHz, since Telenor's 2100 block and Zong's 2100 block match up and the total uplink would be using 1920 - 1935 MHz, and downlink 2110 - 2125 MHz.Now if we look at merged spectrum of both companies, its pretty lucrative
900 MHz Telenor 5 + Zong 7= 12 MHz
1800 MHz Telenor 8.8 + Zong 6+10= 24.8 MHz
2100 MHz Telenor 5 + Zong 10= 15
850 MHz Telenor 10 MHz
.
This means merged company will have 15 MHz for 3G in 2100 MHz, 30 MHz for 4G (10 MHz of 850 MHz and 20 MHz of 1800 MHz) and 16.8 MHz for 2G (12 MHz of 900 MHz and 4.8 MHz of 1800 MHz)
Now question is IF (and there is big if) this merger ever happened, will it be beneficial for market and consumers or cause troubles? Since all of us have decribed how it will decrease competition, lets see other side of the story.
Although merger will decrease competition in market but a merged company will deffinitly hold edge over spectrum allocation and congestion issues. 15 MHz 3G and 30 MHz 4G will be great for users. And merged company will also be in better position to compete with jazz, otherwise jazz as 40% share holder of market will eat voice business of other telecos because people will deffinitly want to have 1 sim of Jazz for calls due to large number of users on own network and this will badly effect voice revenue of other operators. And if there will be 2 equally big companies, this will somehow spice up the competition between two companies. Look at this side of the story as well.
However, what you said about 4G reminded me of something you posted a few weeks back.
B3 1800 can only be deployed in chunks of 3, 5, 10, 15 and 20 MHz. Regardless of whether both companies combined have 24.8 MHz, they will not be able to deploy them in one big chunk due to there being frequency gaps in between Zong and Telenor's 1800 spectrum.