Islamabad – August 07, 2025: PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecom and ICT services provider, has partnered with Teradata to transform and scale its Enterprise Data Warehouse platform. This extended engagement marks a significant milestone in the PTCL Group’s journey toward digital excellence, aligned with its vision to become a data-driven, AI-enabled enterprise.

This partnership extension will enable PTCL Group to scale its data infrastructure into a high-performance, intelligent platform capable of supporting real-time insights, smarter decision-making, and enhanced customer experiences. The initiative is central to PTCL Group’s broader data and AI roadmap, aimed at creating operational agility and long-term service excellence.

Jafar Khalid, Group Chief Technology and Information Officer, PTCL and Ufone 4G, said, “Our extended collaboration with Teradata is a key step in PTCL Group’s intelligent digital transformation journey. Scaling our Enterprise Data Warehouse platform allows us to unlock new capabilities in analytics that are essential for driving innovation and elevating customer value. This partnership reflects a shared vision for creating an agile and intelligence-led enterprise.”

Waqas Hashmi, Area Vice President, Teradata Pakistan, commented, “We are proud to deepen our decades-long partnership with PTCL Group as they continue their digital transformation journey. By harnessing the power of Teradata’s modern data platform and embedded AI capabilities, PTCL Group is positioning itself to unlock deeper insights, drive innovation at scale, and fast-track its strategic goals. This renewed collaboration is not just a testament to our trusted relationship, but also to our shared vision of advancing data-driven excellence and AI adoption across Pakistan’s telecommunications sector.”

PTCL Group is at the forefront of building a modern digital ecosystem where data is not just stored, but actively leveraged to create smarter services, responsive operations, and future-ready capabilities. 

Islamabad – Jun 30, 2025: Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of SD-WAN (Software-Defined Wide Area Network) at 330 branches of Sindh Bank. SD-WAN is a smart way for businesses to manage internet and network connections across different locations. It helps make data travel faster, more securely, and at lower cost by using software instead of just hardware.

Syed Assad Ali Shah, Deputy CEO, Sindh Bank and Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G signed the agreement in the presence of Muhammad Anwaar Sheikh, President & CEO, Sindh Bank at a special ceremony recently held at Sindh Bank Head Office in Karachi.  Also, present at the ceremony were Basharat Qureshi Group VP Enterprise, Sayyed Imran Bukhari, Group VP B2B Strategy, Umar Farooqi, Group Director Enterprise PTCL, Adnan Siddiqui, CIO Sindh Bank, Dilshad Hussian, CFO Sindh Bank and Syed Zeeshan ul Haq, Head Infrastructure Sindh Bank, were also present on the occasion, along with other senior officials.

PTCL is providing Sindh Bank with its state-of-the-art infrastructure and platform solutions that are equipped with latest technology & managed security.

During the signing ceremony, Asif Ahmed, Group Chief Business Solutions Officer PTCL & Ufone 4G said, “We are pleased to sign an agreement with Sindh Bank to support them in fulfilling their business needs. PTCL, being a national company, is leading the digitalization effort across the country. Through such partnerships, PTCL continues to play its key role in the development of telecom infrastructure by providing innovative and secure solutions to the corporate sector that will further contribute towards the overall economic growth of the country.”

On the occasion, Muhammad Anwaar Sheikh, President & CEO Sindh Bank, said, “We are pleased to sign this agreement with PTCL as our trusted partner for infrastructure platform solutions as a part of the Bank’s focus on adopting state-of-the-art and secure technology solutions for connectivity and digitalization. This partnership signifies a transformative step forward in the Bank’s approach to infrastructure, platforms and data management. By leveraging PTCL's advanced infrastructure and telecommunications expertise, Sindh Bank aims to achieve an enhanced operating leverage, a stronger security and data protection posture, and reduced time-to-market of products and services as the Bank continues on its journey to offer a digitally enabled financial lifestyle for its customers and partners.”

PTCL and Sindh Bank place highest level commitment to provide best-in-class services to their customers across various industries in Pakistan. This agreement is part of the growth momentum in the diverse areas of ICT and Security Solutions, which is key to a digital banking eco-system in Pakistan. 

Islamabad – August 28, 2025: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced financial results for the half year ended June 30, 2025 (HY), at a Board of Directors meeting held in Islamabad. PTCL Group recorded 16% revenue growth, maintaining its position as Pakistan’s premier integrated telecom services provider.

Financial Highlights

• Group revenue increased by 16% on YoY basis, driven by strong growth in fixed broadband, mobile data, enterprise, and carrier wholesale services.
• PTCL revenue grew by 12% YoY, led by 62% growth in Flash Fiber and 15% growth in Business Solutions compared to the same period last year.
• Carrier and Wholesale business maintained its momentum with 18% growth. The international segment also recorded a YoY revenue increase of 10%.
• PTCL’s operating profit reached Rs. 7.9 billion, up 38% over HY 2024 and posted a net loss of Rs. 3.3 billion primarily due to one-off adjustment of additional pension liability as ordered by the Honorable Supreme Court of Pakistan.
• Ufone 4G posted YoY topline growth of 17%, demonstrating resilience across commercial and operational areas.
• Sustained topline growth, together with ongoing cost optimization initiatives, enabled Ufone to deliver a strong EBIT of Rs. 7.6 billion compared to Rs. 0.7 billion in HY 2024.
• U Microfinance Bank (Ubank) recorded 25% YoY revenue growth.

PTCL Group Highlights

PTCL’s flagship fiber broadband service, Flash Fiber, remained a key driver of revenue growth. Building on strong momentum from last year, PTCL continued expanding its FTTH footprint to deliver high-speed, reliable internet across the country. The growing subscriber base and strong uptake significantly contributed to topline growth in HY 2025.

PTCL’s business services segment maintained its leadership position across IP bandwidth, Cloud, Data Center, and ICT solutions, further strengthening Pakistan’s position as a regional connectivity hub.

During HY 2025, PTCL sealed a landmark Trans-Pakistan connectivity agreement with leading Chinese operators, strengthening east-west digital trade routes. In addition, PTCL also achieved a major milestone by executing wet segment capacity sales from Singapore to Marseille through submarine cable partnerships, underscoring Pakistan’s growing role in global digital infrastructure.

The Enterprise business expanded into new verticals such as FinTech, securing significant wins. Trakker and IoT solutions gained momentum, while major M2M deals were closed with government customers.

PTCL experienced strong growth in IP bandwidth and managed capacity penetration within the Wholesale segment, boosting adoption of emerging digital services such as Content Delivery Networks. Strategic partnerships were formed with major CMOs for IP bandwidth and satellite-based connectivity across Pakistan, particularly in AJK and GB, including a landmark alliance with a leading satellite provider to expand broadband access nationwide.

PTCL has delivered Pakistan’s first 5G-ready smart residential community, combining seamless connectivity with modern living to enable future-ready digital lifestyles. This milestone showcases PTCL’s ability to adapt global technologies for transformative customer experiences and advance the Digital Pakistan vision. Significant projects were also secured with leading financial institutions and public sector clients in ICT and core services.

As part of its innovation journey, PTCL became the first in the industry to launch automated bill delivery via WhatsApp, enabling customers to receive their monthly bills directly and conveniently. The company also partnered with Mercantile, Apple’s official distributor in Pakistan, to offer exclusive iPhone 16 including packages featuring extended warranties, instant insurance coverage, and bundled telecom benefits for an enhanced customer experience.

Ufone 4G strengthened its footprint expansion and enhanced nationwide coverage during HY 2025. This customer-first strategy and investment in digital growth further fueled the strong performance with the 4G subscriber base reaching 17.5 million, reflecting 13% YoY growth and driving base penetration to 66%.

Ufone 4G launched ‘Super 5’, a flexible connectivity plan for up to five users, offering shared data and voice under a single subscription. Designed for families, friends, and small teams, it provides a simple and cost-effective way to stay seamlessly connected.

Ufone’s digital sub-brand ‘Onic’ crossed 300,000 subscribers in May 2025, achieving 132% YoY growth by delivering a seamless, fully digital model designed around customer needs. By enhancing its position as the truly digital brand of Pakistan, Onic is redefining the entire experience and setting new benchmarks in how users connect and engage.

UBank is on its way to becoming one of Pakistan’s leading microfinance banks by optimizing its branch network, enhancing efficiency, and delivering a seamless customer experience.

PTCL Group’s expanding digital ecosystem continued to thrive during HY 2025. Its mobile wallet (UPaisa) surpassed 1 million Monthly Active Users (MAUs), reflecting 155% YoY growth, while the Group’s self-care app UPTCL crossed 5 million MAUs, signaling a rise in digital engagement and customer empowerment.

PTCL Group’s recent triumphs at the Pakistan Digital Awards and Effie Pakistan stand as a testament to our unwavering commitment to customers, as we continue to deliver best-in-class experiences across every touchpoint. Winning in diverse categories – from digital innovation and social media to corporate reputation and customer engagement – reflects not just creative excellence, but our dedication to redefining connectivity and enriching lives. This recognition is powered by the trust of millions of customers who inspire us to keep raising the bar, proving that when bold ideas meet customer focus, remarkable success follows.

Social Impact: ‘Dil Se’ Initiatives Making a Difference

PTCL Group continued to create meaningful impact through its flagship platform Dil Se, driven by values of digital inclusion, compassion, and innovation. Key initiatives include:

• Under ‘Ba-Ikhtiar’ talented women entrepreneurs designed the official Peshawar Zalmi kit for PSL 2025. The initiative was featured exclusively in BBC, receiving widespread recognition.
• The AI-powered fashion show presented at the Ba-Ikhtiar graduation ceremony in Islamabad was featured on the World Economic Forum blog, highlighting how technology can foster inclusive progress.
• The Clean Water Project, originally launched to benefit 15,000 people in Thar, is now expanding to reach 200,000 individuals. The next phase will introduce sustainable solutions including wells, reverse osmosis (RO) plants, and rainwater harvesting systems to ensure long-term access to clean drinking water.

Game-Changing Satellite Partnership Sets Stage for a More Connected Pakistan

Islamabad - June 23, 2025: Pakistan Telecommunication Company Limited (PTCL), Telco Integrators Pvt Ltd (TI), and Kacific Broadband Satellites Group have signed a Memorandum of Understanding (MoU) to collaborate on expanding high-speed satellite internet, broadband, and voice services across Pakistan.

This strategic partnership aims to deliver integrated connectivity solutions tailored to Pakistan's diverse geographic and infrastructural needs. By combining PTCL's robust telecommunications infrastructure, Telco Integrators' technical expertise, and Kacific's advanced satellite capabilities, the alliance aims to provide reliable, affordable, and scalable broadband solutions to underserved areas in Pakistan with the goal of contributing to the country's digital transformation.

PTCL will provide core telecommunications infrastructure, including the largest fiber cable network that spans from Khyber to Karachi, as well as submarine cables connecting Pakistan to the world. Telco Integrators will serve as Kacific's local service enabler, supporting the deployment and operation of satellite-powered internet, broadband, and network services across Pakistan. The partnership will jointly promote and distribute Kacific's broadband services to telecom operators, enterprises, and small and medium-sized enterprises (SMEs), thereby expanding access to reliable connectivity nationwide.

"This partnership represents a major milestone in enhancing digital connectivity across Pakistan," said Aamer Ejaz, Group Vice President, Carrier Solutions Business, PTCL. He further added, "PTCL will play its role in extending impactful services to areas previously beyond reach, acting as a catalyst for socio-economic development and digital inclusion."

"Expanding our footprint in Pakistan reflects Kacific's core mission to leave no one behind in the digital era," said Christian Patouraux, CEO of Kacific. He further stated: "Together with PTCL and Telco Integrators, we can drive meaningful change through satellite-powered connectivity."

"Our strength lies in turning advanced technology into practical, localized solutions and customer satisfaction ", said Imtiaz Ahmed Laghari, CEO of Telco Integrators. He added, "This collaboration allows us to deliver high-performance satellite services with on-ground expertise, making connectivity more accessible and dependable across Pakistan."

The alliance reflects a shared commitment to driving technological evolution in Pakistan through locally supported satellite solutions. With over half the population lacking access to reliable broadband, these services are poised to help close Pakistan's digital divide and empower remote communities, businesses, and public institutions with reliable broadband access. 

PTCL Group Reaffirms Commitment to Arshad Nadeem's Journey Towards Greater Heights

Lahore, May 21, 2025: PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecommunications and ICT services provider, has once again stepped forward to support national javelin icon and Olympian Arshad Nadeem not just as a partner, but as a steadfast believer in his purpose and potential. A signing ceremony, held in Lahore, marks a renewed commitment to stand by Arshad through every stage of his journey, driven not by outcomes, but by his discipline, passion, and unshakable belief.

Arshad Nadeem, who has brought immense pride to Pakistan with his remarkable achievements like becoming the first Pakistani track and field athlete to qualify directly for the Olympics, securing gold at the 2022 Commonwealth Games, earning a silver medal at the 2023 World Athletics Championships and to top it all by winning gold at the Paris Olympics 2024, continues to inspire the nation with his dedication and perseverance.

Saif Uddin Khan, Group Vice President, Brands & Communication, PTCL & Ufone 4G, said, “We’ve always believed in Arshad not because he wins medals, but because he embodies something greater i.e. courage, consistency, and character. We are proud to stand beside him again, not just to support a campaign, but to be part of a greater purpose.”

Arshad Nadeem expressed his thoughts, “PTCL Group stood by me when recognition was far away. That kind of belief gives an athlete strength on the field and off it. Now, as I step into another defining phase of my journey, I’m proud to have them with me again. It’s not just about results, it’s about showing the world what Pakistan’s spirit looks like.”

This year, Arshad will represent Pakistan in three major global events, the Asian Athletics Championships, the World Athletics Championships, and the Diamond League and once again, PTCL Group will back him, just as it did before the Paris Olympics when it offered unwavering support months ahead of global recognition. This continued partnership reflects a shared journey of grit, discipline, and the unrelenting passion to raise Pakistan’s flag on the world stage.

PTCL Group is also fully funding Arshad Nadeem’s upcoming international training stint in the United Kingdom, ensuring access to world-class coaching, top-tier facilities, and a competitive environment that matches his global ambition.

PTCL Group has consistently reaffirmed its commitment to promoting sports and youth development in Pakistan. We are supporting the greatest icon Babar Azam in cricketing world; however, the Group’s sports vision goes beyond cricket. From supporting the national volleyball team during the Central Asian Volleyball Championship, where Team Pakistan secured a historic victory on home soil, to backing the resurgence of Pakistan’s hockey team by raising awareness and rekindling national pride in the sport, the Group remains dedicated to uplifting athletes who embody the spirit, resilience, and determination of the nation.

Through Arshad Nadeem and many others, PTCL Group reaffirms its belief: greatness doesn’t begin with applause, it begins with trust. And that belief, when backed by action, moves a nation forward. 

Islamabad, April 21, 2025: Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results for Q1, 2025, ending March 31, 2025. The announcement was made during a Board of Directors meeting in Islamabad.

In Q1 2025, PTCL Group achieved double-digit revenue growth of 22%. The Group's robust performance solidifies its position as Pakistan's top integrated telecom service provider.

Financial Highlights:

• PTCL Group’s revenue grew by 22% YoY to Rs 61.8 billion, enabled by robust growth in consumer segments, notably fixed broadband, and mobile data, complemented by significant contributions from enterprise and carrier wholesale services.
• PTCL continued its upward growth trend, posting a 14% YoY increase in revenue to Rs. 29.6 billion, contributed primarily by 70% revenue growth in Flash Fiber and 23% revenue growth in Business Solutions versus the same quarter last year.
• PTCL’s Enterprise Business grew by 23% as compared to same period last year, while Carrier and Wholesale business continued its growth momentum and achieved 24% overall revenue growth. International segment revenue has increased by 8% as compared to same period last year.
• PTCL reported an operating profit of Rs 4.1 billion, representing a 40% increase compared to the same quarter of 2024 and Net Profit reached Rs 1.2 billion in Q1 2025
• PTML’s (Ufone 4G’s) revenue grew by 21% compared to Q1, 2024. PTML posted an increase in operating profit by 11% during the quarter as compared to last quarter of 2024 driven by an enhanced customer experience and increased digital engagement through a range of data-centric products and strategic partnerships.
• U Microfinance Bank (UBank) recorded a 77% YoY increase in revenue.

Operational Highlights:

As the national telecommunications carrier and the largest connectivity provider in Pakistan, PTCL Group is taking the lead in bringing the vision of a ‘Digital Pakistan’ to reality. PTCL & Ufone 4G is providing critical infrastructures and connectivity to initiate this movement. PTCL Group is at forefront of providing innovative services and solutions, through a rich array of offerings.

PTCL's aggressive FTTH expansion has fueled its remarkable topline growth. Building on last year's momentum, PTCL prioritized on delivering the fastest and most reliable internet services through its flagship ‘Flash Fiber’ that remained No. 1 FTTH service in Pakistan. During Q1, 2025, Flash Fiber proudly surpassed 700K customers across the country leading to a YoY revenue growth of 70%.

In Q1 2025, PTCL remained at the forefront with digital transformation by introducing industry-first WhatsApp-based bill payment solution in Pakistan, offering customers unmatched convenience, security, and accessibility in paying their monthly PTCL Bills. The initiative is a significant step towards advancing ‘Digital Pakistan’.

The business services segment strengthened its market dominance and maintained its leading position in IP Bandwidth, Cloud, Data Center, and other ICT services segments.

Ufone’s impressive 4G expansion reflects its strong commitment to customer satisfaction and digital innovation. Ufone 4G continued to enrich customer experiences with pioneering products and offers in Q1'25, including:

• More Data, More Fun with Super 5: Ufone 4G's ‘Super 5’ package, a comprehensive connectivity solution designed for groups of up to five individuals, enabling seamless sharing of resources that provide uninterrupted communication and internet access for families, friends, or small teams.
• PTML's digital brand is redefining the traditional telecom experience with key achievements including 183% growth in subscribers.

Social Impact:

During Q1, 2025, PTCL Group continued its commitment to giving back to the community through various initiatives by uplifting lives and transform society through its social impact platform ‘Dil Se’, designed to promote digital inclusion, compassion, and innovation.

Women Empowerment (Ba-Ikhtiar Program)

In this quarter, under the flagship Social Impact initiative, Dil Se ‘Ba-Ikhtiar’, the talented entrepreneurs enrolled in the program designed Peshawar Zalmi’s kit. More than just a jersey, it stands as a symbol of strength, resilience, and empowerment. The road ahead will include expansion in more than 20 districts and facilitate startup registrations with seed funding to scale their businesses.

Women Career Summit by Pink Collar

PTCL Group partnered with Pink Collar to facilitate Pakistan's inaugural Women Career Summit in Lahore. The summit drew 30 leading corporates conducting recruitment drives. The summit also provided Ba-Ikhtiar beneficiaries a valuable platform to connect with industry leaders and inspire fellow entrepreneurs.

Inclusivity and Accessibility

PTCL Group partnered with ConnectHear on a GSMA project, providing free data for the ConnectHear app and enabling deaf individuals to access interpreters and receive early warning video messages during disasters.

Karachi, Pakistan – March 20, 2025 – ConnectHear, South Asia's leading assistive technology startup, renowned for its innovative use of AI and optimization in accessibility solutions, officially launched its groundbreaking ‘AI for Inclusive Disaster Response’ project today at its Access.Ability.Tech. event, held in Karachi. The initiative, supported by the GSMA Innovation Fund for Humanitarian Challenges and in partnership with HANDS and Ufone 4G, leverages ConnectHear's cutting-edge AI technology and virtual interpretation platform to ensure Pakistan's Deaf community has access to life-saving information and communication during emergencies. 

Pakistan, amongst the ten countries most affected by climate-related disasters, faces significant challenges in ensuring timely communication during emergencies, particularly for its over 10 million citizens with hearing impairment. The event featured keynote speeches emphasizing the collective responsibility of the public and private sectors in creating an accessible disaster response framework. 

Mr. Kamran Akbar, Senior Social Development Specialist at the World Bank, was the Chief Guest at the event. Emphasizing the importance of accessibility in crisis management, Mr. Akbar stated, "Inclusive disaster response is not just a necessity but a responsibility. Leveraging AI to bridge communication gaps for Persons with Disabilities is a transformative step toward equitable crisis management. ConnectHear’s initiative sets a new standard for accessible emergency preparedness in Pakistan."

Brigadier Tarique Quadir Lakhair, CEO, SIEHS-1122, joined as the Guest of Honour, highlighting the critical role of emergency response services. Brigadier Tarique said, "AI-driven innovation is transforming emergency response, making it more inclusive for Persons with Disabilities. The 'Access.Ability.Tech' initiative is a significant step toward ensuring that Deaf individuals receive timely and critical support during emergencies. As a data-driven organization, SIEHS is committed to leveraging AI and digital solutions to enhance the efficiency and inclusiveness of our humanitarian efforts. This project reflects our broader mission to create a more responsive and comprehensive pre-hospital care ecosystem." 

The event also included a panel discussion titled "Collaboration for Inclusion – Technology & Public-Private Partnerships in Disaster Management," moderated by Ms. Azima Dhanjee, CEO of ConnectHear. Panelists included Dr. Mazhar Iqbal, Health Specialist  at UNICEF; Dr. Shaikh Tanveer Ahmed, CEO of HANDS; Mr. Mubashir Fida, Senior Manager, Public Relations & Social Impact at Ufone 4G; and a PWD representative.

Arhum Ishtiaq, Co-Founder and CTO of ConnectHear, added his perspective on the technology driving the project: "At ConnectHear, we've always believed in the power of AI to break down communication barriers. We're not just translating; we're creating a system that can proactively deliver life-saving information in a format that is immediately understandable to the Deaf community. This project is a perfect example of how focused technological development, combined with strong partnerships, can create meaningful social impact."

ConnectHear is introducing two key technologies to support the Deaf community during disasters. First, the Early Warning AI (EWAI) will build on ConnectHear’s sign language recognition system to automatically create life-saving video alerts. Second, ConnectHear’s virtual sign language interpretation platform will be improved to work reliably even in areas with poor connectivity. To expand its impact, Ufone 4G will share EWAI alerts through its network and remove data costs for the ConnectHear app. Meanwhile, HANDS will lead community outreach and training to ensure Deaf individuals and their families can fully use these tools. Starting with 1,000 beneficiaries, ConnectHear aims to scale this project further by partnering with more organizations. By combining AI innovation with a reliable platform, this initiative strengthens disaster preparedness for Pakistan’s Deaf community. 

Islamabad, February 26, 2025: PTCL Group, the largest ICT services provider in Pakistan, is pleased to announce the appointment of seasoned banker, Tooran Asif as the new President & Chief Executive Officer (CEO) of U Microfinance Bank Limited (UBank). With a distinguished career spanning over three decades in digital and retail banking, Tooran Asif is poised to steer UBank into its next phase of growth and innovation.

Prior to joining UBank, Tooran Asif was serving as CEO for KT Bank Pakistan Limited (under formation digital bank). Previously, he was associated with Mashreq Bank UAE and held several senior appointments including Head of Consumer Banking, where he played a pivotal role in driving digital transformation of the consumer business. As CEO of Mashreq Al Islami, he built a robust Islamic business by enhancing the business proposition and digitalization of services. His career also includes senior leadership roles at globally renowned institutions such as Standard Chartered Bank, Citigroup and ANZ Bank where he honed his expertise in financial inclusion and business transformation. Mr. Asif brings several years of international experience across Asia, the Middle East, and the UK. He holds a degree in Electrical Engineering and an MBA from the Institute of Business Administration (IBA).

In his role as Chairman, Board of Directors, U Microfinance Bank and also President and Group CEO, PTCL & Ufone 4G, Hatem Bamatraf welcomed Tooran Asif aboard, expressing confidence in his ability to drive UBank forward. Hatem Bamatraf stated: “We are excited to welcome Tooran Asif as the new President & CEO of U Microfinance Bank Limited. His leadership in retail and digital banking, combined with his unwavering commitment to financial inclusion, aligns perfectly with UBank’s mission to empower individuals and businesses across Pakistan. We look forward to the remarkable milestones the bank will reach under his leadership. PTCL Group remains committed to supporting UBank’s continued growth and success.

His appointment follows the tenure of Mohamed Essa Al Taheri, who served as the Acting President & CEO during the transition period. UBank extends its heartfelt gratitude to Al Taheri for his leadership and invaluable contributions in steering the bank during this phase.

As a subsidiary of PTCL Group, UBank continues to advance its mission of empowering individuals and businesses through cutting-edge, technology-driven financial solutions. Under Tooran Asif’s leadership, the bank will focus on enhancing its digital capabilities and broadening financial access across Pakistan to drive sustainable growth and economic empowerment. 

Islamabad, September 02, 2025: In a major step towards addressing Pakistan’s water scarcity, PTCL Group and the Pakistan Poverty Alleviation Fund (PPAF) have signed an agreement to expand their award-winning water project to phase two, which is set to benefit around 200,000 people across Southern Punjab and Thar.

Last year, the PTCL Group installed water pumps in Thar in collaboration with the Shifa Foundation, transforming the daily lives of around 15,000 people. The initiative was recognised at the Dragons of Pakistan Awards with the “Best in Digital” award. Building on the momentum, this time, the project goes beyond water pumps, adding reverse osmosis plants and rainwater harvesting solutions, a step towards lasting, sustainable relief for water-stressed communities.

Speaking on the occasion, Syed Atif Raza, Group Chief Commercial Officer, PTCL & Ufone 4G, said:
“With PPAF, we are taking a significant step forward in addressing one of Pakistan’s most urgent challenges. Access to clean water is a basic human need, and with this collaboration with PPAF, PTCL Group is committed to fulfilling this need of the underserved communities with sustainable water solutions.”

PPAF, CEO, Nadir Gul Barech, emphasised the significance of collaboration by stating, “Water is not just a resource; it is life, health, and opportunity. By joining hands with PTCL Group, we are demonstrating that when institutions unite with a purpose, they can move mountains, or, in this case, bring water to even the most arid desert communities. Together, we are not just meeting a basic need; we are reshaping futures by giving people the opportunity to think beyond essentials for a more prosperous tomorrow.”

For PTCL Group, true progress comes from the heart – Dil Se. This partnership between PTCL Group and PPAF is an example of how institutions, when united by purpose, can drive lasting change to build stronger communities and safeguard their future.

Islamabad – August 16, 2025: Ufone 4G has stepped forward to support communities affected by sudden cloudbursts and flash floods that devastated multiple cities and towns across Khyber Pakhtunkhwa (KP). In a tragic reminder of the growing impacts of climate change, the disaster has claimed more than 200 lives and caused widespread destruction of public and private infrastructure.Recognizing the urgency of search and rescue operations, Ufone 4G has provided free minutes to its users in the worst-hit districts of Bajaur, Buner, Battagram, and Batal (Mansehra) to help them connect with emergency services, mobilize local resources, and remain in touch with their loved ones.Past experiences have shown that seamless communication is the cornerstone of effective rescue and relief efforts. Ufone 4G’s free call services also played a vital role during the 2022 floods, enabling rescue teams to save lives, respond to medical emergencies, and deliver food and shelter to affected communities.As part of PTCL Group’s broader CSR program, the initiative aims to enhance national resilience against climate-induced disasters by ensuring uninterrupted communication during emergencies.

Reaffirms National Pride for revival of Squash in Pakistan

Islamabad – July 28, 2025: PTCL Group (PTCL & Ufone 4G), the country’s leading telecom and ICT services provider, has signed a partnership with Pakistan’s No. 1 squash player and U23 World Champion, Noor Zaman, as part of its continued commitment to support national sports and emerging talent.

Noor Zaman, the grandson of squash legend Qamar Zaman, is at the forefront of a new wave of Pakistani excellence in the sport. His victory at the U23 World Squash Championship and his rapid ascent in international rankings signify not just the rise of an athlete, but the revival of a legacy that once made Pakistan a global powerhouse in squash.

This partnership reflects PTCL’s mission to back real, inspiring stories that often go unnoticed. From supporting Arshad Nadeem in athletics to Pakistan’s national hockey team, PTCL Group has consistently invested in the resilience and potential of Pakistan’s unsung heroes. With Noor Zaman now joining that journey, the Group once again brings Pakistan’s Pehchaan to the global stage.

Syed Atif Raza, Group Chief Commercial Officer, PTCL & Ufone 4G, said: “We believe in supporting not just talent, but the values and identity that define Pakistan. Noor Zaman exemplifies resilience, humility, and excellence, traits that mirror our vision for a confident and proud Pakistan. Through this partnership, we aim to reignite our nation’s rightful place in international squash.”

Noor Zaman expressed his gratitude, stating: “This partnership with PTCL Group means the world to me, not just as an athlete, but as a proud Pakistani. Carrying the flag forward in international squash is a responsibility I take with heart, and having such support empowers me to aim higher and bring glory back home.”

By championing Noor, PTCL Group deepens its connection with Pakistan’s youth, reinforces its position as a brand that enables purpose-driven impact, and continues to support the revival of sports that shape our national identity. 

Islamabad, July 23, 2025: Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility. PTCL will provide Al Baraka Bank Pakistan Limited with a secure and reliable Data Center environment equipped with modern infrastructure, platform solutions, and managed security services.

Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, and Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, signed the agreement during a ceremony held at the Bank’s Head Office in Karachi.

Shahid Sumar, Chief Information Officer, Al Baraka Bank Pakistan Limited, Syed Muhammad Saqib, Head of IT Infrastructure, Al Baraka Bank Pakistan Limited, Basharat Qureshi, Group VP Enterprise, PTCL & Ufone 4G, Sayyed Imran Bukhari, Group VP B2B Strategy, PTCL & Ufone 4G, Saleem Ullah Baig, Group VP DC Ops, PTCL & Ufone 4G, and Umar Farooqi, Group Director Enterprise, PTCL, were also present on the occasion, along with other officials.

During the signing ceremony, Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, said, “We are pleased to enter a partnership with Al Baraka Bank Pakistan Limited to support them in their information technology and digital transformation vision. As the national carrier of Pakistan, PTCL aspires to be at the forefront of assisting leading organizations in their efforts to adopt cutting-edge technology solutions to drive the national digital agenda.”

On the occasion, Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, stated, “We are pleased to sign this agreement with PTCL as our trusted partner for Data Center facility as part of the Bank’s technology transformation strategy. This partnership represents a major step forward in enhancing our infrastructure and strengthening our approach to data and platform management. By leveraging PTCL's expertise, we aim to improve security, reduce time-to-market, and deliver a digitally empowered financial experience to our customers and partners.”

PTCL continues to deliver best-in-class ICT and security services to organizations across various industries in Pakistan. This agreement reflects the growing momentum in adopting digital solutions that enable a modern, customer-centric banking ecosystem. 

Karachi – July 15, 2025: Pakistan’s largest telecommunication and digital services provider, PTCL Group (PTCL & Ufone 4G), has entered a landmark partnership with TPL Corp, a tech conglomerate with investments across diversified industries. This collaboration covers the deployment of Machine-to-Machine (M2M) devices, secure Data Center hosting, and managed network connectivity across TPL Corp and its operating companies.

The agreement was signed by Asif Ahmed, Group Chief Business Solutions Officer (GCBSO), PTCL & Ufone 4G, and Ali Jameel, CEO, TPL Corp, during a ceremony held at TPL Corp’s headquarters in Karachi. Senior leadership from both sides attended the event.

Through this alliance, PTCL Group will deliver integrated technology solutions that support TPL Corp’s operational scalability, strengthen its digital infrastructure, and enable smarter business operations nationwide.

Speaking at the signing, Asif Ahmed, Group Chief Business Solutions Officer, PTCL & Ufone 4G, said, “PTCL Group is committed to empowering Pakistani enterprises with future-ready ICT services. By leveraging our extensive network, enterprise-grade Data Centers, and managed services, we aim to accelerate TPL Corp’s journey toward greater efficiency and innovation. We are proud to serve as their trusted technology partner.”

Ali Jameel, CEO, TPL Corp, shared, “At TPL, we continuously seek innovation and efficiency in everything we do. Partnering with PTCL Group allows us to unlock new levels of operational capability through reliable, secure, and smart digital infrastructure. This alliance aligns with our strategic objective to lead the market with technology-first solutions, and we look forward to a long and impactful journey together.”

The partnership reflects both organizations shared ambition to advance Pakistan’s digital future by delivering smart, secure, and scalable solutions that help transform industries and elevate national competitiveness.

Islamabad – July 7, 2025: PTCL Group (PTCL & Ufone 4G) in collaboration with Huawei, has deployed state-of-the-art connectivity solutions at Sukh Chayn Residence, a premier luxury residential complex in Islamabad, to redefine smart living. This unique collaboration combines 5G Ready Digital Indoor System (DIS) Lampsite and High-speed Fiber-To-The-Home (FTTH) with luxury living to set a new standard for digital lifestyle in Pakistan.

The DIS represents a significant leap forward in connectivity technology, unlike traditional Distributed Antenna Systems (DAS), which rely on passive components, DIS delivers 100% digital signals through an end-to-end active infrastructure. This ensures superior coverage, minimal interference, and a unified user experience, especially in high-rise buildings, all while maintaining the aesthetic integrity of the residential space.

Sharing his thoughts, Asif Ahmed, Group Chief Business Solution Officer, PTCL & Ufone 4G said, “This partnership reaffirms PTCL Group’s leadership in B2B solutions and the unwavering faith vested by individual and enterprise customers in the brand. This project signifies our vision for the future of connectivity in Pakistan and strengthens our commitment to deploying cutting-edge digital solutions that transforms living experience. The Digital Indoor System ensures seamless connectivity, empowering residents to effortlessly manage their daily lives and work routines, while also helping elevate lifestyles, unlock new opportunities, and drive sustainable growth and progress.”

Muhammad Saleh Azeem, CEO, Sukh Chayn Residence, said, “We are proud to partner with PTCL Group to offer our residents an unparalleled digital living experience. Becoming the first 5G-ready residential complex testifies to our commitment to meeting the growing needs of our residents. Our forward-looking approach makes us the housing brand of the future.”

Michael Che, Managing Director Carrier Business, Huawei stated “We are excited to introduce Huawei 5G ready DIS technology in Pakistan through PTCL that will allow their customers to experience luxury living at its finest. This technology will redefine High Speed Mobile Broadband (MBB) Connectivity for Residential Sector and will enable PTCL to be the primary internet connection provider to millions of customers across Pakistan.”

The collaboration brings a distinctive MBB element to PTCL Group’s series of past FTTH partnerships with leading businesses, further reinforcing its position as the telecom partner of choice for Pakistan’s most respected brands. 

Islamabad – June 03, 2025: Pakistan’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL) has teamed up with renowned technology solutions provider, DWP Technologies to integrate software driven Enterprise and Mid-tier storage platforms from Dell Technologies to modernize its data center infrastructure.

A signing ceremony was held in Islamabad to formalize the partnership, attended by Jafar Khalid, Group Chief Technology and Information Officer, PTCL & Ufone, 4G, and Rohail Bashir, Chief Operating Officer, DWP Technologies (Pvt.) Ltd., along with senior management from PTCL Group, DWP and Dell Technologies.

As part of its ongoing digital transformation journey, PTCL is focused on upgrading its storage infrastructure to boost operational efficiency, enhance performance, and ensure scalability to meet the growing data demands of its network. This modernization effort will streamline PTCL’s operations and solidify its position as a leader in the telecommunications sector. The current mission-critical platform and ecosystem supporting PTCL and Ufone4G, which spans three sites using enterprise replication services (SRDF), will remain fully supported and maintained throughout this initiative, ensuring uninterrupted operations and business continuity.

The upgraded infrastructure introduces several advanced features designed to elevate PTCL’s service delivery and operational effectiveness. It incorporates a three-site active-active metro architecture as part of an enhanced availability initiative, allowing PTCL to maintain continuous service even during localized disruptions. Additionally, the platform is built with scalability in mind, capable of accommodating the future needs of PTCL Group.

The transformation also features significant operational benefits, including drastic reduction in PTCL’s Data Center footprint, along with its power and cooling requirements, leading to lower operational costs and greater energy efficiency.

Sharing his thoughts, Jafar Khalid, Group Chief Technology & Information Officer, PTCL & Ufone 4G said, “This collaboration marks a significant milestone in PTCL’s digital transformation journey, besides stamping PTCL’s authority in Data Center innovation and digital transformation. By modernizing our infrastructure, we are not only enhancing our operational capabilities but also reinforcing our commitment to delivering cutting-edge solutions to our enterprise customers.”

Rohail Bashir, Chief Operating Officer, DWP Technologies said, “Our collaboration with PTCL and Dell Technologies underscores our dedication to empowering businesses with transformative technology solutions, and showcases our expertise in delivering scalable, efficient, and reliable infrastructure that drives operational excellence. We are proud to partner with two industry leaders to help shape the future of telecommunications in Pakistan and beyond.”

The recent upgrade to PTCL’s data infrastructure is a key milestone in fostering technological innovation and future readiness, which enables the company to seamlessly address the growing and evolving needs of its individual and enterprise customers. 

Islamabad – May 27, 2025 – We’re glad to announce that Pakistan Telecommunication Company Limited (PTCL) Group, consisting of PTCL and Ufone 4G, has joined forces with NETS International to modernize our IT Core Routing Platforms by deploying a state-of-the-art Cisco IT Core Routing Solution.

This strategic initiative underscores our unwavering commitment to delivering superior IT services by leveraging the latest advancements in network infrastructure.

The deployment of Cisco’s industry-leading routing technology will bring transformative benefits with significant impact on our operations. With advanced data processing capabilities and reduced latency, users can enjoy a seamless digital experience that enhances overall satisfaction.

The collaboration will seamlessly integrate with PTCL and Ufone 4G’s existing Cisco ACI-based Software-Defined Networking (SDN) infrastructure, optimizing network efficiency and operational agility. Additionally, our customers will benefit from enhanced service reliability, resulting in smooth streaming and gaming experiences.

Together, we are excited to embark on this journey that will keep PTCL Group at the forefront of the telecommunication sector, providing our customers with cutting-edge connectivity.

Jafar Khalid, Group Chief Tech and Information Officer, PTCL and Ufone 4G, emphasized the importance of this initiative: “This modernization project reflects our relentless pursuit of innovation and excellence. By deploying state-of-the-art Cisco routing solutions, we are enhancing our network’s efficiency and ensuring a superior digital experience for our customers.”

Jahangir Ahmad, Managing Director, NETS International, expressed enthusiasm for the partnership: “We are thrilled to continue our collaboration with PTCL and Ufone. This project is a major milestone, and we are confident that the new Cisco Core Routing Platform will redefine network performance and reliability.”

Muhammad Nadeem, Chief Executive Officer, NETS International, underscored the significance of the initiative: “The IT Core Routers Tech Refresh & Modernization project is a game-changer for PTCL and Ufone. Our expertise, combined with Cisco’s world-class technology, will establish new benchmarks in Pakistan’s telecommunications & IT sector.”

With this strategic modernization initiative, PTCL Group is reinforcing its leadership in Pakistan’s telecom industry, ensuring a future-ready network that can support the rapidly evolving digital landscape. By partnering with NETS International and Cisco Systems, PTCL Group is setting new standards for network excellence, operational efficiency, and customer experience. 

Islamabad – May 26, 2025: PTCL Group (Pakistan Telecommunication Company Limited & Ufone 4G), Pakistan’s leading telecom and ICT services provider, has partnered with Mercantile, Apple’s official distributor in Pakistan, to introduce exclusive iPhone 16 offerings that feature extended warranty, instant insurance, and tailored telecom benefits.

Mercantile is proud to bring authentic, PTA-approved Apple products to Pakistan, backed by a 2-year warranty exclusively for our Pakistani customers. Through our collaboration with PTCL Group, we're also offering added peace of mind with accidental coverage and theft insurance of up to Rs. 400,000. We're delighted to partner with PTCL Group to make Apple products more accessible for their customers.

The offer includes dedicated bundles for PTCL and Ufone 4G users. Ufone 4G customers will get a free eSIM with 200 GB of data, 1,000 off-net, and 10,000 on-net minutes per month for six months, translating into savings of PKR 2,000 monthly. PTCL broadband users can access 50 Mbps internet at the price of 30 Mbps, saving PKR 3,100 per month for a full year.

To mark the launch, the first 100 buyers will receive complimentary Apple chargers. All customers will be entered into a lucky draw to win AirPods. Devices will be available online and through selected PTCL Joint Shops in Lahore, Islamabad, and Karachi, with both delivery and in-store pickup options. The offer is open to all existing and new users of PTCL, Ufone 4G, and UPaisa.

Mercantile Pacific, a global leader in device lifecycle management with operations in more than 50 countries, brings extensive expertise to this collaboration. The rollout of iPhone 16 models marks the beginning, with additional variants to follow.

This initiative further strengthens PTCL Group’s position as a leading technology company driving digital innovation, customer convenience, and inclusive connectivity across Pakistan.

Karachi, February 22, 2025: The ultra-high capacity, Africa-1 submarine cable has successfully made its landfall at Pakistan Telecommunication Company Limited’s (PTCL) landing site at Sea View Beach, Karachi. It marks a transformative step in enhancing Pakistan’s digital connectivity. This milestone follows Pakistan Telecommunication Company Limited’s (PTCL) official agreement to join the Africa-1 cable system consortium, highlighting its mission to integrate Pakistan with key global digital hubs, and reinforce the national telecommunication infrastructure.

This groundbreaking achievement reaffirms the vision of leveraging cutting-edge technologies to foster progress and connectivity across the regions served by the Africa-1 system.

The Africa-1 consortium comprises of leading telecommunications companies including Mobily (Saudi Arabia), e& (UAE), G42 (UAE), Telecom Egypt, Zain Oman International (ZOI), Algérie Télécom, TeleYemen and other global service providers. The cable system spans 10,000 kilometres and employ state-of-the-art advanced technologies. The system will link Pakistan with strategic locations, including Saudi Arabia, UAE, Egypt, Sudan, Algeria, France, Kenya, and Djibouti. The cable will be terminated at Africa-1 Cable station in PTCL Exchange Misrishah, Phase-VI, DHA Karachi, further positioning Pakistan as a vital hub in the global digital network.

Sharing his thoughts, Syed Muhammad Shoaib, Group VP International Business at PTCL highlighted the strategic significance of this collaboration: "PTCL is proud to be a part of the Africa-1 cable system consortium. This partnership aligns seamlessly with Pakistan's Digital Vision 2030 and our commitment to empowering the communities by bridging the digital divide. By establishing strong, reliable connections to key international hubs, PTCL aims to provide faster, world-class internet services enabling innovation across sectors and strengthening Pakistan’s position in the global economy."

The Africa-1 cable system is slated for completion in the beginning of 2026. Once operational, it will bolster PTCL’s capacity to deliver high-quality, reliable internet services that meet international standards, solidifying the company’s position as a preferred telecom operator in Pakistan and beyond. 

Lahore, February 20, 2025 – Pakistan’s largest telecom and ICT service provider, PTCL Group (PTCL and Ufone 4G), in collaboration with Pink Collar, the country’s pioneering women-centric executive job placement platform led by Zara Sika Ali, a successful entrepreneur and a leading recruiter in Pakistan. The aim was to successfully host the Pink Collar Women Career Fair in Lahore to bridge the persistent gaps between talent and opportunities for Pakistani women. This marks a significant milestone in fostering inclusivity and inspiring women to contribute to Pakistan’s growing digital economy.

Leading organizations participated in the career fair, providing women a unique chance to explore job opportunities, gain insights into career growth, and connect with leading private sector companies. The event highlighted the shared vision of PTCL Group and Pink Collar to empower women through financial independence and professional development.

The PTCL Group’s flagship women empowerment initiative, ‘Dil Se Ba-Ikhtiar,’ was prominently featured at the expo. The initiative upskills and equips women entrepreneurs with digital resources to help set up and grow their online businesses. Women entrepreneurs trained under Ba-Ikhtiar showcased their products at the fair, inspiring more women to follow their example to reach their full potential, and contribute meaningfully to society.

Group Chief Commercial Officer, PTCL & Ufone 4G, Syed Atif Raza, was a keynote speaker at the event. He emphasized the importance of women’s participation in the workforce, stating, “Empowering women is not just a moral imperative but a strategic necessity for the growth of our economy and society. PTCL Group enables and equips women to overcome barriers to their financial inclusion and social mobility. Our collaborations with PPAF to introduce Ba-Ikhtiar and Pakistan’s first women job fair in collaboration with Pink Collar are testaments to our commitment, which will continue to manifest in more impactful interventions in the future.”

Pink Collar also unveiled Pakistan’s first exclusive online job portal for women, providing access to a wide range of career opportunities. The portal aims to break down barriers and create a more inclusive job market where women can thrive.

Speaking at the event, Zara Sika Ali, CEO Pink Collar said, “Pink Collar is the first-of-its-kind platform in Pakistan that specializes in recruitment, training, and career development for women, including women of determination. We are dedicated to inspiring, equipping, and uplifting women to lead with confidence. We are positive that our new online portal will drive impactful change and promote equity across all fields.”

The Pink Collar Women Career Fair signifies the power of collaboration in creating opportunities for women. It not only highlights the importance of inclusivity but also underscores the critical role women play in shaping Pakistan’s digital economy. Together, PTCL Group and Pink Collar are paving the way for a brighter, more empowered future for women across the country. 

Islamabad, February 12, 2024: Pakistan Telecommunication Company Limited (PTCL), one of the leading telecom and ICT services provider in the country, has announced its financial results for the financial year 2024 ending December 31, 2024. The announcement was made during a Board of Directors meeting held in Islamabad.

PTCL Group achieved impressive double-digit revenue growth of 17% during the financial year 2024. The Group's robust performance solidifies its position as Pakistan's top integrated telecom service provider.

PTCL Group Key Highlights:

• PTCL Group posted revenue of Rs 219.7 billion, driven by robust growth in consumer segments including fixed broadband & mobile data and wholesale & business solutions.
• PTCL posted 12% YoY revenue growth, maintaining its upward trajectory.
• Ufone (PTML) reported a 25% YoY revenue growth.
• The continuous strong topline growth and cost optimization measures over last few years has helped Ufone get back into positive operating profit with a strong EBIT of Rs 4.6 billion.
• U Microfinance Bank (U Bank) has been honored as the Best Microfinance Bank for Islamic Retail Banking Offerings in Pakistan 2024 at the 10th Islamic Retail Banking Awards (IRBA) hosted by Cambridge IFA.
• The signing of SPA for acquisition of 100% shares of Telenor Pakistan by PTCL was announced in December 2023. The closing of the transaction is subject to regulatory approvals as well as customary terms and conditions and is expected to take place during the first half of 2025.

PTCL Achieves Stellar Performance in 2024:

• PTCL's revenue soared to Rs 107.7 billion, marking a 12% increase from 2023, fueled by robust growth in fixed-line, wholesale, and business solutions.
• Flash Fiber, PTCL's premium FTTH service, dominated the market in 2024, capturing the significant share of the industry net adds.
• The company reported an operating profit of Rs 12.2 billion, reflecting a 55% growth over last year, and a net profit of Rs 4.8 billion for 2024.

PTCL's aggressive FTTH expansion has fueled its remarkable topline growth. Building on last year's momentum, PTCL prioritized delivering the fastest and most reliable internet services through its flagship FTTH brand “Flash Fiber”. This customer-centric approach has cemented PTCL’s position as a market leader, capturing the majority share of net additions (captured ~50% of industry net adds) in the FTTH segment. The fixed broadband business achieved 20% YoY growth, while Flash Fiber posted an unprecedented YoY growth of 104%. With over 650K FTTH subscribers, PTCL's ongoing FTTH expansion continues to yield outstanding results, solidifying its industry leadership.

During the year, the Group introduced innovative differentiated services, including:

-          SHOQ TV Box: Powered by Android TV by Google, transforming the TV viewing experience. This innovative offering is set to elevate news and entertainment options, redefining the future of television.

-          Flash Eye: A smart solution featuring HD IP cameras exclusively for Flash Fiber customers.

-          WhatsApp Bot: A convenient self-service platform for customers to register complaints, access billing details, manage Speed Bolt-On subscriptions, obtain tax certificates, and get product information.

PTCL Group Business Solutions Highlights:

In 2024, PTCL Group solidified its role as Pakistan’s leading digital enabler by significantly expanding its state-of-the-art Data Centers and Public Cloud platforms covering IaaS, PaaS, and SaaS. The company enhanced its enterprise offerings and delivered secure, scalable, and efficient Multi Cloud solutions through its strong nationwide infrastructure to a diverse range of clients, including Government, Public and Private Institutions as well as major Banks, startups, and system integrators. PTCL’s commitment to innovation was evident in its next-generation Data Centers and Cloud Platforms, which ensured seamless connectivity, robust data security, faster processing speeds, and reliable disaster recovery solutions.

PTML – Ufone 4G Highlights:

Ufone 4G posted a YoY growth of 25% in topline during 2024 with remarkable display of resilience and strength across multiple fronts. This growth has been possible due to better customer experience and digital engagement through multiple data-centric products and strategic partnerships with leading digital platforms enhancing digital engagement. Ufone 4G's impressive growth is a testament to the commitment to customer experience and digital innovation. Ufone has been successful in growing the base at an accelerated pace, surpassing 26 Mn overall base and 17 Mn 4G base mark in 2024.

Ufone 4G is revolutionizing the digital landscape by integrating innovative value-added services (VAS) into its key digital products. By incorporating Golootlo, Waada, Shoq, and UCloud services, Ufone is providing a comprehensive and enriched experience for its customers.

Ufone enriched experiences with pioneering products and offers in 2024:

-          Data Roaming Offer: Ufone 4G introduced an exclusive data roaming offer for prepaid customers travelling to Saudi Arabia for Hajj and Umrah, in collaboration with the Ministry of Religious Affairs.

-          Roam Like Home: Ufone launched an innovative international roaming service, offering seamless data and voice connectivity in 27 popular destinations. This convenient and affordable solution enables Ufone subscribers to stay connected while traveling abroad, without worrying about excessive roaming charges.

-          PTML's digital brand, ONIC is revolutionizing the telecom industry by redefining the traditional telecom experience as a truly digital brand. Key achievement are as follows:

• 3x growth in subscribers
• 7x growth in revenue
• 40+ feature enhancement delivery in Y’24

-          PTCL Group's mobile financial services witnessed remarkable growth with the launch of Nano Lending and Mastercard, achieving ~75% increase in transactions. This innovation also led to a 2x growth in Mobile Financial Services Monthly Active Users (MFS MAU's).

-          PTCL & Ufone 4G introduced a brand new digital application, ‘UPTCL’ to enhance the usability and user experience of both PTCL and Ufone 4G customers. The futuristic app integrates PTCL and Ufone 4G products and services ecosystems on a single platform to provide unprecedented ease and convenience to users.

In 2024, PTCL Group won several prestigious awards, solidifying its position as a leading telecom and ICT services provider in Pakistan.

-          GSMA Global Mobile (GLOMO) Award: Ufone 4G, a subsidiary of PTCL Group, won the 'Best Mobile Innovation for Emerging Markets' award for its innovative microwave network solution.

-          PTCL Group, has been honored with the ‘Best Business Strategy and Expansion’ award at the Leadership & Excellence Awards in Digital Development (LEAD) by the SAMENA Telecommunications Council.

-          Black Dragon for Best Digital Campaign: Ufone x Zalmi – Data Bohat Hai

-          Black Dragon for Data Bohhaaat Hai Integration with SHOQ

In 2024 – A Memorable year for the brand as PTCL Group celebrated a milestone year by partnering with national sports heroes and teams. Key highlights include:

• Owned the 4G space with the "Data Bohhaaat Hai" campaign, showcasing Ufone 4G's strength in the digital sphere.
• Signing Pakistani javelin star Arshad Nadeem as brand ambassador, who won Gold at the Paris Olympics 2024.
• Partnered with the Pakistan Hockey Team to elevate the sport, foster national pride, and showcase Pakistan's excellence globally. 

Social Impact:

PTCL Group launched ‘Dil Se’, its dedicated social impact platform, consolidating all community service initiatives under one banner. The platform’s flagship initiative, ‘Ba-Ikhtiar’, was introduced in collaboration with Pakistan Poverty Alleviation Fund (PPAF) to empower women entrepreneurs in Haripur by equipping them with essential skills and digital tools to establish and scale their businesses. Under this initiative, women received vocational trainings in stitching and embroidery, smartphones with free data for the entire year, and digital financial literacy trainings to effectively manage their UPaisa wallet accounts. In addition, Daraz provided e-commerce training, enabling these entrepreneurs to launch and operate their online businesses successfully. Recognizing their exceptional performance, two top entrepreneurs were given the opportunity to attend GITEX Global in Dubai, where they shared their success stories on an international platform and received widespread appreciation.

Under ‘Dil Se’, PTCL Group launched the ‘Act of Kindness’ campaign, reinforcing the message that even small gestures can create a lasting impact. As part of this initiative, PTCL Group distributed free train tickets and Eid gifts to passengers traveling home from Karachi on Eid, provided e-bikes to university-going girls in Rawalpindi facing commuting challenges, and ensured access to clean drinking water for 15,000 people in Umerkot, Thar, by installing hand pumps.

PTCL Group partnered with ConnectHear on a £190,000 project funded by GSMA aimed at supporting the deaf community in Pakistan during disasters. The initiative focuses on developing an AI-powered inclusive early warning system to ensure that individuals with hearing impairments have access to timely and effective disaster alerts, enhancing their safety and preparedness.

PTCL Group, in line with its mission to promote inclusion, partnered with Peshawar Zalmi to host the first-ever women’s cricket tournament in Khyber Pakhtunkhwa. The event featuring eight teams, was a significant step in empowering women in the region and promoting gender equality in sports.

In partnership with PRCS, PTCL Group installed a water pump in Gwadar during the floods, providing clean drinking water to the local community. Additionally, the Group conducted its annual blood donation drive on Blood Donors Day 2024, contributing to the nation's healthcare needs. In collaboration with the Punjab Education Foundation, PTCL Group distributed school bags and supplies to primary school students from underprivileged communities, supporting education for all. Furthering its commitment to public health, PTCL Group joined forces with UNICEF and NEOC in a polio eradication campaign, leveraging Ufone’s extensive reach to inform citizens about the ongoing campaign and urging them to vaccinate their children.

Islamabad – February 3, 2025: Country’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL), and smart home solutions provider, MTronic have entered into a strategic partnership to revolutionize living through cutting-edge Internet of Things (IoT) solutions. The collaboration aims to redefine lifestyles with a range of affordable, seamless, and user-friendly home technologies that deliver unprecedented convenience, home management, and a reduced carbon footprint.

Amad Khan, Vice President of Products and Segments, PTCL, and Waqas Khalil, CBO of MTronic, signed the agreement in Islamabad in the presence of senior officials on both sides. The partnership aims to foster innovation and digital transformation in the country and encourage the adoption of IoT solutions for smart living.

PTCL’s extensive customer base and robust digital infrastructure, combined with MTronic’s state-of-the-art IoT devices, ranging from smart sensors to automated lighting and thermostats, ensure nationwide access to cutting-edge living solutions. PTCL customers will enjoy exclusive discounts of up to 30%, making these lifestyle upgrades more accessible. Through PTCL’s user-friendly portal, customers can seamlessly explore and purchase these solutions, while MTronic handles end-to-end delivery, installation, and after-sales service. These smart devices powered by PTCL’s robust fiber internet will provide seamless, reliable and hassle-free experience for customers.

Commenting on the development, Amad Khan, Vice President of Products and Segments, PTCL said, “PTCL is a key proponent of digital innovation and transformation in the country. By collaborating with MTronic, we are bringing the latest in smart home technology to our customers, making modern, connected living a reality. PTCL’s extensive network and commitment to innovation ensures that we are at the forefront of the IoT revolution in the country.”

Waqas Khalil, CBO, remarked, “Our collaboration with PTCL is driven by a shared vision to enhance lifestyles through innovative smart home solutions. With PTCL’s market presence and our expertise in IoT technologies, we are confident in delivering exceptional value and convenience to our shared customers. Together, we aim to redefine what it means to live in a digitally connected home.”

The forward-looking initiative offers unlimited possibilities in smart home management and digital living. PTCL and MTronic will carry forward this collaboration to usher further ease and enablement to their shared customer base. 

Expansion to 20 Districts Marks a Major Milestone in Empowering Women Entrepreneurs Across Pakistan

Islamabad – January 22, 2025: PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), hosted an inspiring event to celebrate the remarkable achievements of women entrepreneurs empowered through the Ba-Ikhtiar Project under Group’s Social Impact platform ‘Dil Se’. The initiative is fostering financial independence and paving the way for sustainable growth of women entrepreneurs through building successful e-commerce stores. PTCL Group is committed to empowering these women by supporting them in registering their startup and providing mentorship until they can run their business independently.

Additionally, the program's expansion to 20 districts under the Ba-Ikhtiar initiative aims to transform communities across Pakistan. This expansion will broaden the project’s scope to encompass diverse skill sets, including pottery, arts and crafts, food preservation, online tutoring, organic cosmetics, and more.

The event celebrated the resilience and determination of women entrepreneurs, who have successfully turned challenges into opportunities. His Excellency, Hamad Obaid Ibrahim Salem Alzaabi – Ambassador of the United Arab Emirates to Pakistan graced the event as chief guest. Corporate partners, development sector organizations, and academia were present at the event, along with prominent figures from the entertainment, fashion, sports, and industry sectors. Esteemed personalities such as Kubra Khan, Hareem Farooq, Sana Mir, Ali Xeeshan, and Naseem Hameed added a touch of glamour and prestige. Their support further highlighted the event's significance, which was already brimming with inspiring stories of transformation, growth, and success.

The event also featured a thought-provoking panel discussion, bringing together renowned personalities from diverse fields, including Sania Saeed, Jehan Ara, Azima Dhanji and Zarene Asif, who shared key insights on global best practices in women empowerment, the role of technology in solving societal challenges, and the strategies needed for women to successfully navigate the entrepreneurial landscape.

The highlight of the day was Pakistan’s first-ever AI-powered fashion show, where the women entrepreneurs showcased clothing designs created in collaboration with artificial intelligence.

This innovative segment underscored the Ba-Ikhtiar Project’s commitment to leveraging cutting-edge technology to drive social change, reflecting how creativity and technology can unite to inspire new possibilities. 

Speaking at the grand event, Hatem Bamatraf, President and Group CEO, PTCL & Ufone 4G, emphasized on the program’s broader significance, stating: "The Ba-Ikhtiar Project is more than just a program; it is a movement that empowers women to unlock their potential by providing them with the necessary resources and skills to succeed. Today, we celebrate not just their achievements but also the ripple effect of hope, resilience, and progress that they bring to their families, communities, and society at large."  

The CEO of PPAF, Nadir Gul Barech, further highlighted the critical role of partnerships: "When organizations unite under a shared vision, the impact can be truly transformative. Ba-Ikhtiar exemplifies how the private sector’s innovation and the development sector’s community insights can converge to create meaningful and sustainable change. This is the power of collaboration in action." 

The event also spotlighted inspirational success stories, including two participants, who represented Pakistan at Gitex Global 2024 in Dubai, one of the world’s largest tech events. Ms. Mariam Hussain shared how the Ba-Ikhtiar Project enabled her to showcase the entrepreneurial ventures on a global platform, demonstrating the transformative impact of empowerment and opportunity. 

The Ba-Ikhtiar Project continues to stand as a beacon of empowerment. Through this initiative, participants have gained critical skills, including digital literacy, financial management, business development, and e-commerce. These tools have enabled them to build thriving businesses and fundamentally transform their lives. 

The event reaffirmed the commitment of PTCL Group and PPAF, along with partners, National Rural Support Program (NRSP), U Microfinance Bank (U Bank) and Daraz to expanding the reach of the Ba-Ikhtiar Project, introducing additional skill-building initiatives, and creating broader opportunities for women across Pakistan. Both organizations envision a future where every woman has the tools, confidence, and support to thrive, fostering resilience and enabling communities to flourish. 

Islamabad – Dec 23, 2024: Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has partnered with GBM Pakistan and IBM to modernize IT infrastructure. This strategic partnership strives to boost PTCL’s operational efficiency while establishing a foundation for cutting-edge innovations and a comprehensive upgrade of Enterprise Systems.

The initiative involves deployment of IBM Power10 servers across PTCL’s production, High Availability (HA) and Disaster Recovery (DR) environments. These state-of-the-art servers, equipped with mega processing power and robust security features, are set to enhance PTCL’s performance, enabling the organization to adeptly manage escalating data demands. Additionally, PTCL is integrating IBM Spectrum Scale to optimize data management processes and elevate scalability, ensuring a future-ready infrastructure that can support its growth and innovation objectives.

“We are proud to partner with IBM & GBM Paksitan” shared Jafar Khalid, Group Chief Technology and Information Officer, PTCL & Ufone 4G. “This upgrade is vital in a rapidly transforming telecommunications landscape. By adopting advanced technologies like IBM Power Systems and IBM Spectrum Scale, we are committed to enhancing our capabilities by future-proofing our operations. Our commitment to this transformation reinforces our dedication to delivering exceptional service and value to our customers while leading the industry into the future.”

Asif Ahmad, Country Manager & Technology Leader, Pakistan at IBM said: "We’re committed to helping organizations like PTCL harness the power of advanced technology to drive growth. IBM will help PTCL by improving performance, efficiency, and scalability, while reducing operating costs through fewer machines. The new systems will also enhance security and reliability, supporting business-critical applications." 

As a long-standing partner for over 18 years, IBM has been instrumental in supporting PTCL's digital transformation efforts, utilizing advanced solutions to enhance operational efficiency. This deployment will not only optimize PTCL’s current applications and databases, but also provide the necessary capacity to scale for future requirements. This strategic partnership demonstrates IBM’s commitment to empowering PTCL to navigate the evolving telecommunications landscape, reinforcing a shared vision of innovation and excellence.

Saqib Ahmad Khan, Country General Manager, GBM Pakistan, said: “We are excited to support PTCL on its digital transformation journey. By harnessing IBM’s Power solutions, we are committed to providing robust solutions that not only enhance PTCL’s operational capabilities but also drive innovation and customer satisfaction in a competitive market.

GBM Pakistan offers a comprehensive suite of services, including system implementation, storage migration and training. This infrastructure upgrade is a crucial component of PTCL’s broader strategy to enhance performance, security and scalability.

Islamabad – December 9, 2024: Pakistan’s leading telecom and integrated ICT services provider, Pakistan Telecommunication Company Limited (PTCL) has raised the data center industry benchmark by achieving the prestigious TIA-942-C data center certification form Enterprise Products Integration (EPI) – a global leader in data center certification.

The meticulously audited and certified milestone underscores PTCL’s unwavering dedication to excellence and innovation in the mission-critical data center industry in Pakistan. PTCL’s state of the art data centers offer rack hosting services designed to accommodate servers, networking devices, and other data center computing equipment. The purpose-built facilities provide carrier customers with a secure, cost-effective, and space-efficient solution for housing essential infrastructure.

Strategically located in major cities across Pakistan, the data centers ensure high levels of security, resilience, and flexibility, helping businesses reduce costs, enhance IT value, and maintains efficient operational footprint.

Commenting on the development, Jafar Khalid, Group Chief Technology and Information Officer, PTCL & Ufone 4G said, “The prestigious EPI certification not only raises the bar for data center standards in Pakistan but also solidifies PTCL’s position as a leader in the digital infrastructure landscape. This recognition is a proud moment for our team, acknowledging our commitment to excellence in data center management. We are confident that this achievement will further enhance customer trust in PTCL's capabilities, cementing our position as a leader in the industry, delivering services that meet the highest global standards.

PTCL’s data centers enable enterprise customers through provision of secure environment for storing, processing, and managing data, with centralized management, disaster recovery, and backup power solutions. It also offers scalability, enhance security compliance, support cloud services, and help businesses avoid the high costs of building and maintaining their own infrastructure, so they can invest precious resources in growing and sustaining their business, while relying on a trusted partner such as PTCL.

Nausheen Ashraf, Country Manager, EPI Pakistan & Central Asia extended heartfelt congratulations to PTCL for achieving the esteemed TIA-942-C Data Center Certification. She Said, “This accomplishment is a testament to PTCL's sustained commitment to upholding the highest standards of excellence and innovation in data center services since their first certification in 2009. We as EPI commend PTCL's dedication to providing secure, resilient, and world-class data center solutions for businesses across Pakistan, solidifying their position as an industry leader.”

Lahore – 19 November 2024: PTCL Group, Pakistan’s leading telecommunication services provider, has taken a step forward towards road safety with the signing of a Memorandum of Understanding (MoU) with Atlas Honda Ltd. This collaboration underscores PTCL’s commitment to promoting safe commuting practices for motorcyclists and aligns with the Group’s ongoing Health, Safety, and Environment (HSE) initiatives.

The signing ceremony, held at the Atlas Honda Limited office in Lahore, with Mr. Taimoor Khan, Group VP HSE & Sustainability PTCL & Ufone 4G and Mr. Zafar Iqbal, GM After Sales, Atlas Honda signing the MoU. The partnership introduces specialized "Training of Trainers" (TOT) sessions, led by certified trainers from Atlas Honda, aimed at instilling essential safety skills amongst PTCL’s field staff, who rely on motorcycles for their daily commute.

The training sessions will cover a comprehensive range of topics, from essential bike handling techniques to advanced road safety protocols. Moreover, the collaboration aims to cultivate a proactive safety mindset amongst PTCL employees, enhancing their awareness and reducing on-road risks.

Furthermore, the MOU with Atlas Honda also exemplifies PTCL Group’s commitment to its ever-growing employee well-being program by fostering sustainable activities that benefit employees and contribute to community welfare at large. PTCL employees participating in the TOT program will carry forward the message of safe riding, amplifying the initiative’s positive impact. The event concluded with both parties expressing enthusiasm for the potential of this partnership to make roads safer for everyone.

Islamabad – October 22, 2024: Pakistan’s largest telecommunication and integrated ICT services provider, Pakistan Telecommunication Company Limited (PTCL) and global telecom and ICT player, China Mobile International Limited (CMI) entered a partnership at GITEX Global 2024 in Dubai, UAE for global network resources sharing. The collaboration allows the two leading players to boost connectivity for their respective customers in the country and across the world.

Waqar Ahmed, Group Director Enterprise Solutions, PTCL & Ufone 4G and Alex Lee, Managing Director, China Mobile International Middle East signed the agreement during GITEX 2024 in the presence of investors, innovators, business leaders and top management on both sides.

The historic collaboration brings together the expansive PTCL and CMI networks to deliver seamless and high-quality connectivity solutions to their respective user bases. PTCL’s vast fiber network spanning over 65,000 kilometers across Pakistan, combined with CMI’s global reach through 305 overseas Points of Presence (PoPs), will enable the delivery of robust and scalable connectivity for businesses and individual consumers alike.

Speaking on the significance of the partnership, Sayyed Muhammad Imran Ali, Group VP B2B Strategy & Product Management, PTCL & Ufone 4G, said: “We are glad to partner with one of the leading operators to further strengthen the country’s footprint in the digital landscape. By leveraging the combined strengths of PTCL and CMI, we will provide businesses and consumers with unmatched access and service quality in Pakistan and beyond to open avenues for unrestrained enablement and opportunity.”

Alex Lee, Managing Director of China Mobile International Middle East, stated: “We are thrilled to embark on this collaboration with PTCL to benefit our individual and enterprise customers globally. By combining our strengths, we believe we can significantly enhance our capabilities on both sides. Together, we aim to introduce innovative solutions to the market, driving forward the digital landscape and providing greater value to our customers.”

The partnership at GITEX 2024 is expected to accelerate digital growth in the region by setting the right precedent for mutual progress and development in the industry. PTCL Group has established several significant partnerships and collaborations at GITEX 2024 to strengthen Pakistan’s telecom and digital ecosystem. 

Islamabad – October 17, 2024: Pakistan’s leading telecommunications and ICT provider, PTCL Group (PTCL & Ufone 4G) showcased its transformative Corporate Social Responsibility (CSR) initiative, Ba-Ikhtiar, at Expand North Star – the world’s largest startup and investor connector event, held as a part of GITEX 2024 in Dubai. The event provided a platform to highlight the success of Ba-Ikhtiar participants while promoting the initiative globally. 

Two outstanding women entrepreneurs of the Ba-Ikhtiar program, Farhat ul Ain and Marrium Hussain, represented the program at the event. These skilled individuals, who began as local embroidery artists in the humble suburbs of Haripur, Khyber Pakhtunkhwa (KP), have transformed into tech-enabled entrepreneurs through the training and support provided by Ba-Ikhtiar program. PTCL & Ufone 4G selected them for the event to help them gain invaluable exposure and explore new business opportunities at one of the most important business and tech platforms in the world.

Marrium and Farhat showcased their eye-catching embroidery products at the Pakistan Enclosure, where they also engaged with international visitors, shared their inspiring success story and received recognition for their incredible journeys. Their participation in Expand North Star reflects PTCL Group’s continued support for the program’s graduates, which is essential for the sustainability of their enterprises.

Speaking about their experience, Marrium Hussain said, “I am deeply grateful to PTCL Group for providing us with this opportunity. The experience of being a part of such an important global platform has been life-changing and we look forward to newer avenues of growth for our enterprises. We met different people, gained exposure, and received appreciation for our work, encouraging us to dream bigger.”

Ba-Ikhtiar is a women empowerment initiative launched by PTCL Group in collaboration with the Pakistan Poverty Alleviation Fund (PPAF). It aims to equip small-scale female entrepreneurs with essential digital tools and skills to grow their enterprises. Participants receive smartphones with pre-loaded SIM cards from PTCL Group. They also receive hands-on training in digital skills, including using UPaisa mobile wallets and managing seller accounts on the e-commerce platform Daraz. The 15-day workshop enhances their artisan skills and imparts digital marketing techniques to help them expand their market to the global online space. 

The program also includes financial management training from U Microfinance Bank, empowering participants to manage their business finances efficiently. PTCL & Ufone 4G provided them with handsets and mobile connectivity to cover their data and voice needs.

So far two batches of women entrepreneurs have graduated from the Ba-Ikhtiar Program, who now use their smartphones and free data to sell products through Daraz, receive payments via UPaisa, and dispatch orders through courier services. Their success stories inspire other women to pursue digital entrepreneurship to transform their socio-economic condition.

Sharing his thoughts, Hatem Bamatraf, President and Group CEO, PTCL & Ufone 4G said, “Ba-Ikhtiar program mirrors our commitment to fostering digital inclusion and leveraging our digital resources to empower underserved social segments. The initiative enables women to become financially independent and facilitates their participation in Pakistan’s growing digital economy. It lays a strong foundation for a sustainable future by ensuring that women play an active role in improving the country’s socio-economic progress. I am immensely proud of these young entrepreneurs, who has shown resilience and commitment to be the future business leaders.”

The PTCL Group exhibit was a key feature of the Pakistan enclosure at Expand North Star. It received immense footfall, with Marrium and Farhat’s story of their evolution from local artisans to digital entrepreneurs on the back of digital and financial technology inspiring profuse commendation. 

Islamabad – October 17, 2024: PTCL Group, Pakistan’s largest ICT services provider, has been honored with the ‘Best Business Strategy and Expansion’ award at the Leadership & Excellence Awards in Digital Development (LEAD) by the SAMENA Telecommunications Council.

The prestigious award was presented to Hatem Bamatraf, President and Group CEO of PTCL & Ufone 4G, in recognition of the company's relentless efforts to innovate and broaden its market presence. Moreover, the award recognizes PTCL Group's exceptional business strategies, which have enabled the company to take challenges head-on, make strategic decisions, and successfully position itself on a path of sustained growth and success.

Commenting on the achievement, Hatem Bamatraf said: "PTCL Group’s success at the SAMENA LEAD Awards 2024 is a reflection of our commitment to driving growth through strategic business expansion. This recognition highlights the strides we have made in contributing to the telecom sector and positions PTCL as a leader in the highly competitive global telecom industry. It is a testament to our dedication to excellence, innovation, and delivering exceptional customer satisfaction across the region."

PTCL Group has always been at the forefront when it comes to business strategies that have allowed it to remain competitive in the dynamic telecom landscape. The Group continues to introduce new products and services to reach a broader customer base, while also bridging the communication gap with the underserved regions in Pakistan.

The SAMENA LEAD Awards 2024, organized by the SAMENA Telecommunications Council, celebrate outstanding achievements in the telecom sector, recognizing the efforts of operators, and regulators across national, regional, and global levels. The LEAD Business Excellence Awards is a platform where leading companies like PTCL showcase their transformative contributions to the telecom industry, inspiring others to pursue innovation and leadership.

This recognition reinforces PTCL Group’s commitment to continuous innovation, growth, and the delivery of cutting-edge telecom services. 

Islamabad, Oct 15, 2024: Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results for the quarter ending Sep 30, 2024. The announcement was made during a Board of Directors meeting held in Islamabad.

In 2024, PTCL Group upheld its momentum and strengthened its position as a major telecom service provider in Pakistan.

PTCL Group Key Highlights

• PTCL Group’s revenue has increased by 15.3% YoY to Rs 160.6 billion, mainly driven by strong performance in the consumer segment led by fixed broadband, mobile data, and wholesale & Business Solutions.
• The Group has reported an operating profit of Rs. 1.6 billion and a net loss of Rs. 15.3 billion.

PTCL Highlights

PTCL continued its strong performance throughout 2024. PTCL achieved revenue of Rs 79.5 billion during the first nine months of 2024, which is 11.1% higher than same period of last year, mainly driven by growth in fixed line, wholesale & business solutions segments. The company has posted an operating profit of Rs 8.2 billion during the first nine months of 2024, which is 27.6% higher as compared to the same period of 2023. The company has posted net profit of Rs 1 billion during the period.

PTCL’s aggressive deployment of Fiber-To-The-Home (FTTH) are the cornerstones for the topline growth. Continuing from the past quarters, PTCL's strategic focus remained on enhancing customer experience by providing the fastest and most reliable internet services under its flagship ‘Flash Fiber’ FTTH brand, which boosts PTCL as one of the leading FTTH operator in the industry with majority share of the market’s net adds. PTCL's fixed broadband business has shown 20.4% YoY growth, whereas PTCL Flash Fiber showed unprecedented growth of 111.5% YoY. PTCL's focus on FTTH deployment has yielded impressive results, cementing our position as the leading FTTH operator with over 600K FTTH subscribers, we are committed to delivering exceptional customer experiences.

The business services segment maintained its growth, cementing leadership in IP bandwidth, Cloud, Data Center and ICT services in addition to showing promising results in carrier & wholesale and international business. PTCL enterprise business grew by 38.3% vs the same period of previous year. During the reported period, PTCL business services fortified its commitment as the innovation partner for businesses and provided state of the art hosting and digitalization solutions to multiple enterprise and government bodies. Bank al Habib, Punjab Safe City, Ministry of Hajj and Controller General of accounts are some of the noteworthy milestone engagements.

PTCL group continued its successful foray into digital content offerings with the live streaming of Wimbledon on Shoq. This milestone marks a significant step in PTCL Group's strategy to expand its digital footprint and cater to the growing demand for online content.

PTML – Ufone 4G Highlights:

Ufone 4G posted a YoY growth of 25.6% in topline during first nine months of 2024 supported by solid network expansion and strategic initiatives. This growth has been possible due to better customer experience and digital engagement through multiple data-centric products and strategic partnerships with leading digital platforms enhances digital engagement. Ufone 4G's impressive growth is a testament to our commitment to customer experience and digital innovation. Ufone has been successful in growing the base at an accelerated pace, surpasses 26 Mn overall base and 16 Mn 4G base mark in the month of Aug’24.

Ufone 4G is making significant strides in enhancing comprehensive digital ecosystem through the integration of various value-added services (VAS) within its key digital products. By incorporating Golootlo, Waada, Shoq and UCloud services into its leading digital products, Ufone is providing a more comprehensive and enriched experience for its customers. PTML’s digital brand onic is making steady strides in the industry by providing customers with a complete digital ecosystem for an enhanced experience.

Ufone Introduces 'Roam Like Home' - Seamless International Roaming in 27 Destinations. An innovative international roaming service, offering hassle-free data and voice buckets in 27 popular destinations. This convenient and affordable solution enables Ufone subscribers to stay connected while traveling abroad, without worrying about excessive roaming charges.

In Q3’24, PTCL Group signed Pakistani javelin star Arshad Nadeem as brand ambassador, who went on to win Gold in Paris Olympics 2024. The initiative aligns with PTCL Group’s long-term commitment to support and celebrate national heroes by highlighting their stories of struggle and triumph to inspire the youth. PTCL Group proudly partners with Pakistan Hockey Team. As the national telecom carrier, PTCL Group is dedicated to celebrating and enhancing the vibrant legacy of Pakistan hockey. This partnership aims to elevate the sport, bolster national pride, and showcase Pakistan’s continued excellence on the global stage.

Corporate Social Responsibility:

Leveraging its extensive network, PTCL Group, in collaboration with UNICEF and NEOC, conducted an awareness campaign in selected districts of Balochistan, Khyber Pakhtunkhwa, and Sindh. The campaign informed communities about the ongoing polio vaccination drive and urged parents to vaccinate their children, contributing to the mission of a polio-free Pakistan.

PTCL Group signed an MoU with ConnectHear for a GSMA project under which Ufone 4G will provide free data for the ConnectHear app. This will allow deaf individuals to access interpreters and receive early warning video messages during disasters, enhancing communication and safety for the deaf community.

As part of its flagship Ba-Ikhtiar Program, PTCL Group, in partnership with the Pakistan Poverty Alleviation Fund, submitted a grant application to UN Women for a PKR 713 million women empowerment project in Pakistan. The initiative aims to equip women in key districts of Punjab and Sindh with advanced digital skills and tools, fostering their economic independence and growth.

Additionally, PTCL Group provided a year of free broadband connectivity to the IT Incubation Center of Hope Uplift Foundation in Lahore, a non-profit that educates underserved students in IT-related courses, helping them secure meaningful employment.

Islamabad, October 09, 2024: PTCL Group, Pakistan’s top integrated ICT provider, has achieved a major milestone by successfully launching the country’s first 800 Gbps per wavelength Super C+L Wavelength Division Multiplexing (WDM) system. This advanced technology enables a data transmission capacity of 64 Tbps per fiber, with the potential to reach up to 96 Tbps, marking a significant step forward for Pakistan’s digital infrastructure.

Developed in collaboration with Huawei, PTCL’s Super C+L system supports a broader optical spectrum of up to 12 THz, compared to the 4.8 THz provided by traditional systems. It combines high-speed 800 Gbps per wavelength, ultra-wide Super C+L spectrum, and advanced Flexible Grid optical switching. This breakthrough positions PTCL at the forefront of Pakistan’s digital transformation, preparing the network for future technologies like Fixed 5.5G (F5.5G) and enabling faster, smarter, and more efficient connectivity.

Jafar Khalid, Group Chief Technology and Information Officer, PTCL & Ufone 4G, commented: “Our focus is on advancing cutting-edge technology while maintaining sustainability. This upgrade will improve service quality, lower latency, and enhance the overall user experience for both consumers and enterprises, while reducing our environmental footprint. It will also help us manage the growing demand for data traffic across different customer segments with reliable, cost-effective solutions.”

Victor Zhou, President of Huawei’s Optical Domain, stated: “We are proud to support PTCL in building this high-speed optical network, which will boost Pakistan’s digital growth and sustainability efforts. It will strengthen data center connections, reduce carbon emissions, and set the stage for future advancements like F5.5G. This technology investment will underpin Pakistan’s digital economy for years to come.”

This successful collaboration between PTCL Group and Huawei marks a transformative moment for Pakistan’s telecommunications landscape. By leveraging cutting-edge optical technology, PTCL is paving the way for enhanced digital services, faster internet speeds, and a more connected society. As Pakistan moves towards a more digitized and sustainable future, PTCL Group continues to play a pivotal role in driving technological innovation and expanding the nation’s digital infrastructure. 

Karachi – September 26, 2024: Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC) led consortium came together to formalize and celebrate the historic financing deal for PTCL’s acquisition (subject to regulatory approvals) of Telenor Pakistan and Orion Towers (Private) Limited at a special event in Karachi.

PTCL signed a share purchase agreement with Telenor (ASA) in December 2023 for the acquisition of 100% shares in Telenor Pakistan and Orion Towers (Pvt.) Ltd at the acquisition price of PKR 108 billion (on debt free cash free basis). PTCL approached IFC for financing of the project, which was subsequently approved in April 2024, and endorsed by the IFC Board of Directors. The IFC-led consortium includes the Silk Road Fund (SRF), a Chinese state-owned medium-to-long-term investment fund, and British International Investment (BII), the UK’s development finance institution and impact investor.

Governor, State Bank of Pakistan, Mr. Jameel Ahmad was the chief guest of the event, which was also attended by President & Group CEO, PTCL & Ufone 4G, Hatem Bamatraf; IFC’s Regional Director for the Middle East, Pakistan & Afghanistan, Khawaja Aftab Ahmed; UAE Ambassador; British High Commissioner; representatives of the consortium; senior and top executives from the PTCL Group. The event marked the most significant milestone in the realization of PTCL’s upcoming acquisition of Telenor Pakistan and Orion Towers, following the signing of the financing deal in June 2024 to secure up to USD $400 million.

Speaking at the event, chief guest, Governor SBP, Mr. Jameel Ahmad said, “IFC’s financing in Pakistan’s telecom sector reinvigorates confidence in the sector’s growth potential. Pakistan's telecom and digital sector is one of the important contributors to the national economy, and its growth and sustainability can play an important role towards country’s economic prosperity. Mr. Ahmad stated that the SBP is fully committed and facilitating this transformative development and expect this would bring wide-ranging benefits to the country.”

Hatem Bamatraf, President and Group CEO, PTCL & PTML (Ufone 4G), commented, "We are deeply appreciative of the IFC-led consortium for their pivotal role in financing this transformative deal, which marks a defining moment for Pakistan’s telecom sector. This is the largest single financing ever secured in the industry, and it not only strengthens PTCL Group but also supports the long-term financial stability and sustainability of the entire telecom sector by enabling greater economies of scale. As a result, the industry will be better positioned to contribute to the national economy and societal progress. Through this strategic move, PTCL Group remains fully committed to delivering high-quality cellular and data services to an even wider customer base across Pakistan in the near future."

“Pakistan’s telecommunication market offers significant opportunities for growth and investment,” said Khawaja Aftab Ahmed, IFC's Regional Director for the Middle East, Pakistan and Afghanistan. “This investment reflects IFC's commitment to bolstering inclusive, high-quality digital connectivity and infrastructure in the country by working together with our partners, including the PTCL Group, Government of Pakistan, as well as co-investors BII and SRF.”

The chief guest presented memorabilia to the worthy guests on behalf of the PTCL Group. Having sealed the financing deal, PTCL Group is awaiting the Competition Commission of Pakistan (CCP) approval to conclude the acquisition.

Karachi, September 23, 2024:  Pakistan Telecommunication Company Limited (PTCL) and Hamdard University, a part of Hamdard Foundation, have entered a strategic partnership for the provisioning of managed ICT & Mobility solutions for the faculty & students.  

In the esteemed presence of Prof. Dr. Syed Shabib-ul-Hasan, Vice Chancellor Hamdard University, Basharat Qureshi Group VP Enterprise PTCL & Umar Farooqi, Group Director Enterprise PTCL, Hamdard University’s Kaleem Ahmed Ghias, Registrar, Faisal Mangroria, Group Director Finance, Abutalib Bhutto, Group Director, HR, Muhammad Ovais, Director Finance and PTCL’s Group VP B2B Strategy & Product Management, Sayyed Muhammad Imran Ali, led a signing ceremony recently held at Marriott Karachi.

PTCL provides Hamdard University with its state-of-the-art infrastructure and platform solutions equipped with the latest technology & managed security.

On the occasion, Prof. Dr. Syed Shabib-ul-Hasan, Vice Chancellor of Hamdard University, said, “We are pleased to develop the understanding with PTCL as our trusted partner for infrastructure and platform hosting as part of the University’s digital transformation strategy. This partnership signifies a transformative step forward in the university’s approach to infrastructure, platforms, and data management. By leveraging PTCL's data center and telecommunications expertise, Hamdard University aims to achieve an enhanced and reliable operating leverage, and reduced time-to-market of products and services.”

During the ceremony, Sayyed Muhammad Imran Ali, Group VP B2B Strategy & Product Management, PTCL & Ufone 4G, said, “We are pleased to develop the understanding with Hamdard University to support them in fulfilling their educational needs. PTCL, being a national company, is leading industry digitalization across the country. Through such partnerships, PTCL continues to play its key role in the development of telecom infrastructure by providing innovative and secure solutions to the corporate sector, that will further contribute towards the overall economic growth of the country.”

PTCL aims to provide best-in-class services to its corporate customers across various industries in Pakistan. This understanding is part of the growth momentum in the diverse ICT and Security Solutions, which is key to a digital banking ecosystem in Pakistan.

Islamabad – August 13, 2024: Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), and the largest agriculture bank of Pakistan, Zarai Taraqiati Bank Limited (ZTBL) have signed an agreement for Managed WAN and All-In-One Desktop project for ZTBL sites nationwide.

Group Chief Financial Officer, PTCL & Ufone 4G, Nadeem Khan, and President & CEO ZTBL, Tahir Yaqoob Bhatti signed the agreement at PTCL office in Islamabad, in the presence of senior officials from both organizations.

Under this agreement, PTCL Group will provide a Managed WAN solution for 500+ ZTBL Nationwide sites along with All-In-One desktop computers.

Speaking at the signing ceremony, Nadeem Khan, Group Chief Financial Officer, PTCL & Ufone 4G, said “PTCL Group is proud to be a major proponent of technological enablement and transformation in Pakistan. Our connectivity and ICT services provide a great deal of ease, robust security and enablement to our individual as well as enterprise customers, like ZTBL, serving more than 7.20 million consumers in Pakistan. We are steadfast in our commitment to further enhancing conduciveness for tech-based innovation and transformation in Pakistan.”

President & CEO ZTBL, Tahir Yaqoob Bhatti said, “We are pleased to join hands with PTCL Group to provide greater connectivity to our clients, including farmers. ZTBL is on a path of transformation, and we are near to equipping our farmers with the latest scientific agriculture technology. PTCL Group and ZTBL will excel in leveraging technology to enable and empower their respective customers, besides contributing immensely to the growth and development in Pakistan. The mutual collaboration enhances the impact on a larger scale to help enrich and strengthen Pakistan’s economic landscape.

PTCL Group’s B2B portfolio has exponentially grown over the years, which is a testament to the growing trust in the company’s innovative and reliable services. These services have not only fostered unparalleled efficiency and agility across various sectors but led a broad-based digitalization in the country, creating shared value in equal parts for the industry and national economy. 

Islamabad, August 5, 2024 – The 6th InnoXera Summit took place at the Serena Hotel in Islamabad, marking its second consecutive year in Pakistan. The summit, one of the biggest in the education and technology sectors, began with a keynote address by the Ministry of Federal Education and Professional Training, underscoring the government's dedication to advancing these critical fields.

Speaking on the occasion, Chief Guest of the event, Mohyuddin Ahmad Wani, Federal Secretary, Ministry of Federal Education & Professional Training Pakistan stated, "As Secretary Federal Education, I am thrilled to witness the collaborative efforts of government and private institutions in revolutionizing education in Pakistan through technology. Together, we are harnessing the power of innovation to create a future-ready generation, bridging the digital divide, and unlocking endless possibilities for our youth. This synergy marks a significant milestone in our journey towards a knowledge-based economy, and I am confident that it will have a transformative impact on the educational landscape of Pakistan."

This year's theme, "Beyond the Screen: Expanding the Boundaries of Learning," set the stage for an event designed to push the limits of traditional education through innovative technological applications. With more than 26 speakers, the summit featured various panels and keynotes addressing crucial topics such as digital transformation in education, the future of e-learning, and the integration of AI in classrooms.

InnoXera Pakistan 2024 received significant support from prominent sponsors. Classera led as the main sponsor, with Ufone, PTCL, and Business Solutions as platinum sponsors. Intel and Microsoft also joined as strategic partners, bringing their technological expertise to the forefront.

Eng. Mohammad Almadani, Founder and CEO of Classera, the main sponsor of the summit, stated that:"InnoXera is more than just a summit; it is a catalyst for educational transformation. Our commitment at Classera is to pioneer the future of smart learning. By bringing together thought leaders and innovators in Pakistan and around the globe, we are pushing the boundaries of what is possible in education, aligning with Pakistan's vision for eLearning and setting new standards for educational excellence."

Similarly, Zarrar Hasham Khan, Group Chief Business Solutions Officer, PTCL and Ufone 4G said, “PTCL Group is committed to modernizing education and learning to expand growth opportunities for every child in Pakistan. Our partnership with InnoXera Pakistan exemplifies our dedication to advancing educational technology to ensure equitable access to education, which is guaranteed as a fundamental right by the Constitution of Pakistan. We strongly believe in the transformative power of technology to revolutionize learning, which is why we will continue to invest and innovate in this field to enhance its impact.”

Microsoft representative, Jibran Jamshad, Country Principal Officer & Regional Education Lead added "Microsoft emphasized its commitment to empower learners as Microsoft is dedicated to providing tools and resources to elevate educational experiences. Collaborating with InnoXera allows us to support Pakistan's eLearning vision.

Intel also highlighted its role in advancing educational technology. “At InnoXera Global Summit, Intel's sponsorship of the '2024 Innovative Teacher' awards underscores our commitment to supporting teachers who use technology to create inspiring learning experiences,". Stated Luigi Pessina, Director of Global Education Programs and Strategy at Intel.

The summit also featured an exhibition where participating partners showcased their latest innovations. Attendees had the opportunity to interact with representatives at various booths, gaining insights into cutting-edge educational technologies in addition to some activities operated by VR and AI technologies.

In a pioneering move to transform Pakistan’s educational framework, Classera Inc., in collaboration with PTCL and HP Classeasy technologies, has unveiled an ambitious project called e-Taleem. Developed in partnership with the Ministry of Federal Education & Professional Training, this initiative signifies a substantial leap towards embedding technology within education, fostering a future where every learner in Pakistan can avail themselves of top-tier education through groundbreaking digital learning solutions. Over the course of three years and catering to an impressive 200,000 users, the e-Taleem platform stands out as a symbol of innovation in addressing the dynamic demands of education in Pakistan. Leveraging cutting-edge technology, e-Taleem aims to surpass conventional studying techniques, fostering critical thinking, creativity, collaboration, communication, and digital literacy among students. This strategic collaboration unites key stakeholders from the technology and education sectors to cultivate an environment that nurtures and develops 21st-century skills among students.

E-Taleem platform, powered by Classera, PTCL and HP Classeasy technologies, is evidence of a shared vision for an educational landscape aiming to make a transformative impact on over 200,000 users over the next three years. This collaboration exemplifies the commitment of Classera, PTCL, HP, and the Ministry of Federal Education & Professional Training to revolutionize the educational framework in Pakistan.

With such a diverse array of discussions and exhibitions, InnoXera Pakistan 2024 solidified its position as a leading summit at the intersection of education and technology. The event not only highlighted the latest trends and innovations but also fostered a collaborative environment where educators, technologists, and policymakers could converge to shape the future of learning in Pakistan.

Islamabad – July 11, 2024: Pakistan’s largest telecom and ICT services provider, PTCL Group (PTCL & Ufone 4G) has signed Olympian and star javelin thrower, Arshad Nadeem as its brand ambassador. The Group has planned an inspiring campaign to celebrate the life and professional journey of the star athlete, besides galvanizing nationwide support for him in the upcoming 2024 Summer Olympics in Paris.  

The initiative aligns with PTCL Group’s long-term commitment to support and celebrate national heroes by highlighting their stories of struggle and triumph to inspire the youth. The Group hopes that more talented youngsters will follow in their footsteps and bring honor to the nation.

Arshad Nadeem is a national sports hero, who achieved extraordinary feats in javelin throw at both national and international levels. In 2021, Arshad became the first Pakistani track and field athlete to qualify for the Olympics and finished fifth in the Tokyo Olympics. He won gold for Pakistan at the 2022 Commonwealth Games, the country’s first athletic gold medal since 1962, and grabbed another gold at the 2021 Islamic Solidarity Games. Nadeem also secured a silver medal at the 2023 World Athletics Championships in Budapest, where he also qualified for the 2024 Summer Olympics in Paris.

The upcoming campaign from PTCL Group aims to celebrate Arshad Nadeem’s indomitable spirit, which drove him to overcome socio-economic barriers, and general systemic neglect for a sport that lacked public support and enthusiasm. Despite the challenges, he continued to train and excel with limited personal resources and eventually persevered. Recognizing his determination and quest for glory, PTCL Group honors him as an inspiration for youth and the nation. The initiative also aims to promote talent in sports beyond cricket, encouraging global competition in diverse disciplines.

Commenting on the initiative, Arshad Nadeem said, “I am grateful to PTCL & Ufone 4G for their unwavering support and encouragement. Their belief in my journey underscores the importance of perseverance and collective ambition in sports. It is heartening to see PTCL Group actively championing young talent.  With such robust support, Pakistan can undoubtedly make a significant mark on the global sports landscape. As I prepare for the Olympics, I will do my utmost to honor the love and support I have received from PTCL Group and the nation.”

Chief Marketing Officer, PTCL & Ufone 4G, Syed Atif Raza said, “Arshad Nadeem is a national hero, and his journey is a testament to the power of resilience and determination. He exemplifies what can be achieved through unwavering passion and dedication, and we are honored to stand behind him as he continues to make Pakistan proud on the global stage. By partnering with Arshad, we aim to highlight Pakistan’s exceptional talent and inspire a new standard of excellence in national sports, furthering PTCL Group’s commitment to promoting a vibrant sports culture in Pakistan.”

PTCL Group strongly believes in young talent and therefore works to promote a robust sports culture in the country, channeling their potential and energies toward constructive endeavors. Initiatives such as promotion of football, volleyball and others sports at the grassroots level, partnering with Cricket stars, and its enduring support for Pakistan’s Premier League (PSL) Cricket Tournament underscore the Group’s strategic focus in this direction. 

Islamabad – June 28, 2024: Pakistan’s largest telecommunication and ICT services provider, PTCL Group (PTCL & Ufone 4G) has collaborated with STech.ai to integrate an innovative AI-based platform that leverages advanced technologies, including Urdu-based Large Language Models (LLMs), Automatic Speech Recognition (ASR), Natural Language Processing (NLP), and Machine Learning (ML) to enhance its customer services system.

The platform aims to enhance quality management systems by providing enriched customer sentiment analysis and valuable insights, driving PTCL’s overall customer experience strategy. The strategic initiative underscores PTCL Group’s commitment to excellence in customer experience.

Customer centricity is paramount at PTCL Group, which inspires the Group’s commitment to excellence in both customer experience and services delivery. The company continuously invests, innovates, and refines its business processes. It leverages innovative technologies and customer feedback to enhance every interaction and ensures that each service touch point is seamless, responsive, and efficient to foster a reliable and enriching experience for its valued customers. Looking ahead, the integration of innovative AI will elevate customer experiences to unprecedented heights, setting a new benchmark for the entire industry.

Hatem Bamatraf, President & Group CEO, PTCL & Ufone 4G expressed his enthusiasm for the initiative, saying, “Leveraging contemporary technologies like AI shall be the enabler to improve our customer experience significantly. AI is set to revolutionize the industry, and it is a proud moment for PTCL Group to be at the forefront of this journey.”

Ahmad Kamal, Group Chief Customer Care Officer, remarked, “We are thrilled to announce the launch of the industry’s first Urdu Language AI-enabled Customer Services platform. This initiative aligns with our vision and underscores our commitment to being the best in customer experience. The use of this program will significantly enhance our customer experience in the days to come.”

Adeel Saeed Chaudry, CEO of STech.ai, (originating from the MENA region) stated, “Partnering with PTCL Group is a proud milestone for us. As a pioneering AI company specializing in Conversational AI under the brand BOTWA, our latest AI-driven customer experience solutions demonstrate our commitment to digital transformation and excellence in customer service.

PTCL Group is the backbone of Pakistan’s telecommunications and digital services landscape. It is distinguished by its extensive telecom and digital infrastructure serving a nationwide user base. Its state-of-the-art fiber network, comprehensive cellular and digital services, along with financial offerings, play pivotal roles in enhancing both personal and professional aspects of the lives of millions of customers each day. 

Islamabad – June 28, 2024: Pakistan Telecommunications Company Limited (PTCL) has signed formal loan agreements with an International Finance Corporation (IFC)-led consortium to secure up to $400 million in financing for the acquisition of Telenor Pakistan and Orion Towers (Pvt.) Limited. This is a significant milestone in the acquisition process following the IFC Board of Directors’ approval of the financing deal in April 2024.

PTCL entered into a Share Purchase Agreement (SPA) last December with Telenor B.V. to acquire 100% of the shares of Telenor Pakistan at a price of PKR 108 billion on a cash-free, debt-free basis.

The IFC-led consortium, which includes the Silk Road Fund (SRF) and British International Investment plc (BII), has now formally agreed upon a $400 million facility with a seven-year tenor. The facility will be repaid in quarterly installments and includes a one-year capital grace period. The financing of this project is in line with the IFC-led consortium’s commitment to enhancing digital connectivity and narrowing the digital infrastructure gap in Pakistan.

Commenting on the development, President and Group CEO, PTCL & Ufone 4G, Hatem Bamatraf said, “We are thrilled to witness the materialization of this financing deal, which brings us closer to concluding this transformative milestone in Pakistan’s telecom sector. We are eager to serve a larger customer base with renewed commitment as soon as the acquisition process concludes following the necessary regulatory approvals.”

The disbursement of financing is expected to take place following the completion of the conditions as specified in the financing agreements. 

Islamabad – June 20, 2024: Pakistan Telecommunication Company Limited (PTCL), country’s largest telecom and ICT services provider, proudly announces Pakistan's inaugural trial of Symmetric 50G-PON technology, marking a significant stride towards ushering in next-generation fiber-optic broadband services in the country. This achievement is the culmination of PTCL's strategic collaboration with Huawei, a global leader in information and communication technology.

Symmetric 50G-PON can provide 50 Gbps connectivity in downstream as well as upstream transmission simultaneously. Symmetric 50G-PON provides an edge over the Asymmetric 50 G-PON which supports 50 Gbps in downstream transmission only. PTCL also inaugurated Asymmetric 50G-PON for the very first time in Pakistan at the beginning of the year.

50 GPON is recognized by ITU-T as the next frontier in Passive Optical Network-based broadband technology, which is poised to revolutionize Pakistan's digital landscape. With substantially enhanced capabilities surpassing those of existing GPON and XG(S)-GPON technologies, 50G-PON delivers an impressive 50 Gbps per PON port. This advancement holds the promise of reshaping future demands across industries, enterprises, businesses, campuses, and residential settings, unlocking the boundless potential for bandwidth-intensive and low-latency next-generation services.

Key applications and services enabled by this technology include innovations like Holographic Technologies, integration of XR-based Metaverses in both domestic and professional domains, Smart Manufacturing leveraging 3D Machine Vision, Remote Surgery and Medical Clinics, and High-Performance Gaming, amongst others. Additionally, it serves as a valuable asset for business and enterprise services, effectively catering to Smart Campuses, Video Production Studios, Edge Data Centers, Cloud-Centric SMEs, and Small Offices/Home Offices (SoHos).

A notable feature of 50G-PON technology is its seamless coexistence with GPON and XG(S)-PON over the same physical and passive optical network infrastructure. This capability shall empower PTCL to offer significantly enhanced broadband speeds to its customers through on-demand service upgrade requests.

Group Chief Technology and Information Officer (GCTIO) at PTCL & Ufone 4G, Jafar Khalid expressed his enthusiasm for this milestone, stating, "PTCL has achieved yet another remarkable milestone with the successful trial of 50G-PON Symmetric technology in Pakistan. This initiative represents a significant stride towards the future evolution of fiber broadband connectivity in Pakistan, and signifies PTCL’s sustained commitment to enhance connectivity, and digital lifestyles of its customers.”

As PTCL continues to spearhead innovation in Pakistan’s telecommunications sector, the successful trial and future commercial deployment of Symmetric 50G-PON technology underscore PTCL’s unwavering commitment to delivering cutting-edge solutions that will propel Pakistan into a digitally advanced era.

Islamabad – June 14, 2024: As the world celebrates the 20th anniversary of World Blood Donor Day, Pakistan’s largest telecommunication and ICT services provider, PTCL Group (PTCL & Ufone 4G) perpetuates its compassionate legacy of saving lives and ensuring steady blood supply at hospitals and blood banks through its annual blood donation drive.

This year, PTCL Group joined forces with Pakistan Red Crescent Society (PRCS) for the drive, held at the Ufone Tower in Islamabad.  PTCL & Ufone 4G management and employees, participated in the drive with remarkable enthusiasm and conviction in the significance of their contributions. The campaign is held every year under PTCL Group’s Corporate Social Responsibility Program to create shared value for fellow citizens and society.

World Blood Donor Day is celebrated to raise awareness regarding the significance of blood donations. The PTCL fraternity is conscious that blood is a non-replicable resource coming only from donors, and that, patients depend on the empathy of fellow citizens for essential medical treatments, surgeries, and emergencies, especially for patients with critical medical conditions like thalassemia, anemia, cancer, trauma, and more.  

The selfless contributions of blood donors save millions of lives each year, including those of children. That is why the World Health Organization (WHO) is celebrating the 20th Anniversary of the day to recognize the love and humanity of blood donors worldwide, with the theme; ‘20 years of celebrating giving: thank you blood donors!’

Group Chief Marketing Officer, PTCL & Ufone 4G, Syed Atif Raza expressed his gratitude to PRCS for the collaboration and said, “Humanity and altruism are central to the religious and cultural ethos of our society, and shape PTCL Group’s vision for volunteerism, corporate philanthropy, and CSR. We are grateful to be part of a campaign that aims to save the lives of fellow citizens, including children, and fosters mutual empathy, solidarity, and social good. PTCL Group remains committed to exploring ways to create shared value and promote social good for the communities we serve and society at large.”

PTCL Group actively contributes to society, the economy, and the environment through its robust CSR and Volunteerism programs, thereby anchoring it strongly as a conscious and responsible corporate citizen of the country. 

Karachi, May 21, 2024: Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, have signed an agreement for provisioning of primary data center colocation services at PTCL’s Tier-III Data Center facility.

In the esteemed presence of Mohamed Abdel Razek, Group Head of Technology, Transformation and Information, Mashreq, Muhammad Hamayun Sajjad, CEO, Mashreq Pakistan, and Umar Farooqi, Group Director Enterprise PTCL, Mashreq Pakistan’s Chief Information Officer, Khurram Abid, and PTCL’s Group Chief Business Services Officer, Zarrar Hasham Khan signed the agreement at a special ceremony recently held at PTCL Data Center II, Karachi.

PTCL is providing Mashreq Pakistan with its state-of-the-art infrastructure and platform solutions that are equipped with latest technology & managed security. Mashreq is actively progressing towards acquiring a restricted license from the State Bank of Pakistan to initiate pilot digital retail banking operations in Pakistan.

On the occasion, Mohamed Abdel Razek, Group Head of Technology, Transformation and Information, Mashreq, said, “We are pleased to sign this agreement with PTCL as our trusted partner for infrastructure and platform hosting as part of the Bank’s digital transformation strategy. This partnership signifies a transformative step forward in the Bank’s approach to infrastructure, platforms and data management. By leveraging PTCL's data center and telecommunications expertise, Mashreq aims to achieve an enhanced and reliable operating leverage, and reduced time-to-market of products and services.”

Muhammad Hamayun Sajjad, CEO, Mashreq Pakistan, said, “Mashreq’s digital initiatives and partnerships are designed to not just meet but exceed customer and partner expectations, to drive digital transformation and foster financial inclusion across Pakistan. Our partnership with PTCL showcases our commitment to Mashreq’s agile operating model, enabling us to be ready to meet the changing demands of the market and our customers.”

During the signing ceremony, Zarrar Hasham Khan, Group Chief Business Solutions Officer, PTCL & Ufone 4G, said, “We are pleased to sign an agreement with Mashreq Pakistan to support them in fulfilling their business needs. PTCL, being a national company, is leading the digitalization effort across the country. Through such partnerships, PTCL continues to play its key role in the development of telecom infrastructure by providing innovative and secure solutions to the corporate sector that will further contribute towards the overall economic growth of the country.”

PTCL endeavors to provide best-in-class services to its corporate customers across various industries in Pakistan. This agreement is part of the growth momentum in the diverse areas of ICT and Security Solutions, which is key to a digital banking eco-system in Pakistan.

Islamabad, April 18, 2024: Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results for the quarter ending March 31, 2024. The announcement was made during a Board of Directors meeting in Islamabad.

In Q1 2024, PTCL Group upheld its momentum and strengthened its position as a major telecom service provider in Pakistan. Revenue growth was largely due to strong performance in the consumer segment, boosted by significant growth in Fixed Broadband, Mobile Data and Business Solutions.

PTCL Group Highlights 

• PTCL Group’s revenue has increased by 14% YoY to Rs 49 billion, mainly driven by strong performance in the consumer segment led by fixed broadband, mobile data, and wholesale & Business Solutions. The Group has posted a net loss of Rs 4.8 billion which is 16% lower YOY.
• PTCL continued its growth by posting 13% YoY revenue growth in Q1, 2024.
• PTML’s (Ufone) revenue grew by 27% compared to Q1, 2023. 

PTCL Highlights 

• PTCL continued its strong performance throughout Q1, 2024. PTCL achieved revenue of Rs 26 billion for this quarter, which is 13% higher than last year, mainly driven by growth in fixed line and business solutions segments.
• Flash Fiber, PTCL’s premium Fiber-To-The-Home (FTTH) service, continues to show tremendous growth with the highest Net adds share within the FTTH market (since Dec’23) and now stands as the leading FTTH service provider in Pakistan. This phenomenal growth has been possible through the aggressive expansion of PTCL Flash Fiber and dedicated customer experience throughout the country.
• The company has posted an operating profit of Rs 3 billion, which is 32% higher as compared to the same quarter of 2023.
• The Company has posted a net profit of Rs 431 million. 

PTCL Consumer Business:

PTCL’s aggressive deployment of FTTH and the strong performance of corporate segment are the cornerstones for the topline growth. Continuing from the past quarters, PTCL's strategic focus remained on enhancing customer experience by providing the fastest and most reliable internet services under its flagship ‘Flash Fiber’ Fiber-To-The-Home (FTTH) brand, which boosts PTCL as one of the leading FTTH operator in the industry with majority share of the market’s net adds. PTCL's fixed broadband business has shown 22% YoY growth while voice grew by 4% YoY.

In addition, PTCL consumer business has gone into strategic collaboration with Waada to provide health, life and accident insurance to further enhance customer experience and grow its value-added services portfolio within the fixed-line business.

PTCL Group’s commitment towards its customers was further solidified by announcing the launch of a cutting-edge Android TV box (SHOQ TV) at Mobile World Congress (MWC) 2024 in Barcelona Spain. Integrating multiple Google apps, including the Play Store, into the set-top box along with a sleek UI and captivating graphics promises to deliver a transformative user experience. 

PTCL Business Solutions:

The Business solutions segment continued its momentum sustaining market leadership in IP Bandwidth, Cloud, Data Center, and other ICT services segments. PTCL’s Business solutions revenue has grown by 9% on a quarterly basis despite the addition of LDI operators and US$ to PKR parity improvement. 

Being the national telecom carrier and connectivity backbone in Pakistan, PTCL Group strives to provide innovative solutions to accelerate growth for a ‘Digital Pakistan’ through robust telecommunication infrastructure and a diverse portfolio of services with enhanced customer experience. 

PTCL Group is at the forefront to provide innovative solutions that strengthen the idea of a 'Digital Pakistan'. This is accomplished by building strong telecommunication infrastructure and offering a diverse range of services, all focused on elevating customer satisfaction and accelerating progress in the nation. In light of this, PTCL launched its first neutral Internet Exchange in Pakistan powered by DE-CIX. In addition, PTCL Group renewed its partnership with TPL Trakker for provision of ICT services and with SNGPL for cellular services. 

PTML – Ufone 4G Highlights:

• Ufone 4G posted a YoY growth of 27% in topline in Q1 2024 supported by solid network expansion and strategic initiatives in Q1’24. This growth has been possible due to better customer experience and digital engagement through multiple data-centric products and strategic partnerships with leading digital platforms. Ufone 4G continues its network modernization activities to provide unmatched customer experience across Pakistan.
• Ufone 4G is making significant strides in enhancing its digital experience and offerings through the integration of various value-added services (VAS) within its key digital products. By incorporating Golootlo, Waada, and UCloud services into its leading digital products, Ufone is providing a more comprehensive and enriched experience for its customers. By integrating these VAS services, Ufone is likely striving to create a more engaging and attractive digital environment for its users.
• Ufone’s UPaisa is now part of e&Money, UAE and MobilyPay, KSA Apps menu, facilitating Pakistani diaspora to send money directly into UPaisa wallets by using these apps. As part of the digital transformation initiative, now Ufone franchises can order and pay from the UPaisa app to buy recharge from Ufone in real-time 24/7.
• PTML’s digital brand onic is making steady strides in the industry by providing customers with a complete digital ecosystem for an enhanced experience. 

During the first quarter, Ufone 4G & Huawei successfully deployed the World’s First Microwave Super Hub Solution in a Commercial Network to unleash unmatched Spectrum Efficiency. Another feather in the cap during Mobile World Congress; Huawei & Ufone 4G won the prestigious GSMA Global Mobile (GLOMO) Award ‘Best Mobile Innovation for Emerging Markets’ for revolutionizing the Microwave Network. 

Ubank:

Ubank, microfinance and branchless banking subsidiary of PTCL stands resolute in its commitment towards financial and social inclusion, utilizing its extensive outreach to provide exceptional services to a diverse clientele across the length and breadth of the country through its rural retail banking, corporate finance & investment banking, Islamic banking, urban retail banking, corporate banking, and digital banking canvases. Keeping up with the mandate of financial inclusion, Ubank launched international remittances via e& from GCC, Mastercard and other related digital initiatives aimed at increasing the digital footprint of the group. 

Corporate Social Responsibility: 

Recognizing the significance of CSR, PTCL Group has always been at the forefront to serve the communities.

During Q1, 2024, PTCL Group stepped up as Gwadar battled floods, by delivering clean drinking water and also provided free calls in Gwadar to help connect flood-affected families, facilitate rescue & relief operations. 

The main highlight for this quarter was PTCL Group’s collaboration with PPAF to bridge digital gap by equipping 100 women entrepreneurs with smartphones under “Ba-Ikhtiar” program in Haripur, Khyber Pakhtunkhwa. 

The “Ba-Ikhtiar” program is a year-long endeavor that will equip these women with the essential tools and financial knowledge necessary for building sustainable businesses. 

Under this project, PTCL Group distributed smartphones with pre-loaded SIM cards, provided one-year free data packages and facilitated the setup of UPaisa mobile wallets in collaboration with U Microfinance Bank. In the second phase, the Group in partnership with Daraz and UBank will provide digital marketing and financial training to empower participants to unlock new opportunities online.

Islamabad/Barcelona – Feb 28, 2024: Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group, is set to launch in Pakistan a cutting-edge Shoq TV Set-top Box powered by Android TV, to transform the TV viewing experience for its customers. It was announced by the President and Group CEO, PTCL & Ufone 4G, Hatem Bamatraf, and Karen Teo, VP Android Partnerships APAC, Google during Mobile World Congress (MWC) 2024 in Barcelona, Spain. The Android TV Set-top Box will feature multiple Google apps, including the Play Store, in addition to a sleek User Interface (UI) and captivating graphics to provide a transformative user experience.

Designed for optimum convenience and seamless control, the new Android TV Set-top Box will offer the ultimate entertainment experience. With pre-installed apps like YouTube and Netflix, users will be able to have an immersive big-screen experience with their favourite entertainment content. Users will be able to smoothly navigate between TV and other compatible Android apps to make the most of their leisure time.

Commenting on the development, President and Group CEO, PTCL & Ufone 4G, Hatem Bamatraf said, “I am thrilled by the launch of this innovative Shoq TV Box powered by Android TV in Pakistan in collaboration with Google. It feels like we’re bringing back an exciting gift from the MWC for our customers. For the past couple of years, PTCL Group has steadfastly focused on enhancing the quality of content and entertainment options for our valued customers. I hope that with a transformative blend of television and Android apps, the new Shoq TV box powered by Android TV will be a paradigm shift in entertainment for our customers.”

Also sharing her thoughts, Karen Teo, VP Android Partnerships APAC, Google said, “I’d like to congratulate the PTCL Group on the launch of Shoq TV Box, which will provide customers in Pakistan with access to the TV apps ecosystem and elevate their TV viewing and entertainment experience. Google is happy to be partnering with PTCL Group to continue driving innovation and growth of the Android TV platform in Pakistan.”

The new Shoq TV set-top box powered by Android TV will continue to offer more than two hundred television channels with a diverse array of Full HD channels. The new Set-top box bolsters PTCL Group’s continued focus on providing high-quality news and entertainment content in Pakistan. 

Islamabad, February 13, 2024: PTCL Group, Pakistan’s leading telecom and ICT services provider has achieved a double-digit revenue growth of 25.8% during the financial year 2023. PTCL Group has maintained its strong performance, strengthening its status as Pakistan’s top integrated telecom service provider. Pakistan Telecommunication Company Limited (PTCL), posted 15.4% growth in its revenues, owing to its strong performance in both retail and business segments, whereas Ufone achieved 25.6% growth in its revenues. The Group’s subsidiary, U Microfinance Bank, kept a strong momentum and posted 76.5% revenue growth during 2023.

The company announced its annual financial results for the year 2023 at its Board of Directors’ meeting held in Islamabad on February 13, 2024.

Major Highlights of Financial Performance

PTCL Group

• PTCL Group’s revenue has increased by 25.8% YoY to Rs 190.6 billion, mainly driven by strong performance in the consumer segment led by fixed broadband, mobile data, and wholesale & business solutions, along with microfinance services.

• The Group’s profitability was, among other factors, particularly affected by significant Rupee devaluation and high interest rates during the year. The Group has posted a net loss of Rs 14.1 billion.
• The biggest highlight for PTCL during 2023 has been the signing of a Share Purchase Agreement with Telenor Pakistan B.V. (Telenor) to acquire a 100% stake in Telenor Pakistan (Pvt) Ltd (Telenor Pakistan) based on an Enterprise Value of PKR 108 billion on a cash-free, debt-free basis.

PTCL

• PTCL continued its strong performance throughout 2023. PTCL posted revenue of Rs 96.3 billion for the year 2023 which is 15.4% higher than last year, mainly driven by growth in broadband and wholesale & business solutions segments.

• Flash Fiber, PTCL’s premium Fiber-To-The-Home (FTTH) service, showed tremendous growth with highest Net adds share within FTTH market in 2023.
• This phenomenal growth has been possible through the aggressive expansion of PTCL Flash Fiber and dedicated customer experience throughout the country.
• The company reported net profit of Rs 9.4 billion, highest since 2013, which is 3.7% higher as compared to last year.

Prompt deployment of FTTH and strong performance in Corporate and Wholesale segments are the cornerstones in PTCL’s topline growth.

PTCL Consumer Business:

PTCL fixed broadband business has shown 17.4% YoY growth propelled by the aggressive FTTH expansion. Flash Fiber showed unprecedented growth of 106.8%, taking lion’s share of the market’s net adds, whereas PTCL IPTV segment also grew by 2.5% YoY. Voice and Charji revenue streams continued the declining trajectory impacted by OTT services and competition from cellular operators.

Business Services:

The business services segment continued its momentum sustaining market leadership in IP Bandwidth, Cloud, Data Center, and other ICT services segments. PTCL’s Enterprise business grew by 25.7% as compared to last year, while Carrier and Wholesale business continued its growth momentum and achieved 21.9% overall revenue growth. International voice revenue has increased by 17.9% as compared to last year. Overall Business Solutions revenue has grown by 21.9% on a year-on-year basis.

Being the national telecom carrier and connectivity backbone in Pakistan, PTCL Group strives to provide innovative solutions to accelerate growth for a ‘Digital Pakistan’ through robust telecommunication infrastructure and a diverse portfolio of services with enhanced customer experience.

As Pakistan's backbone of connectivity, PTCL Group is at the forefront to provide innovative solutions that strengthen the idea of a 'Digital Pakistan'. This is accomplished by building strong telecommunication infrastructure and offering a diverse range of services, all focused on elevating customer satisfaction and accelerating digitalization in the country.

PTCL Group signed Pakistani cricket icons, Babar Azam, Haris Rauf and Naseem Shah as brand ambassadors for the Group to celebrate the nation’s roaring passion for cricket and to rally support for the Pakistan Cricket Team during its ICC Cricket World Cup 2023 campaign.

PTCL Group has been awarded the ‘Best Place to Work in Technology & Telecom Sector’ by PSHRM-Engage Consulting, along with being recognized as the ‘Most Facilitating Employer’ at NUST Placement Recognition Awards 2023.

PTML – Ufone:

In 2023, Ufone 4G emerged as the standout performer in the telecom industry, reporting exceptional revenue growth of 25.6%, surpassing all other operators. Ufone 4G posted the highest 4G net adds in the industry.

This growth has been possible due to better customer experience and digital engagement through multiple data-centric products and strategic partnerships with leading digital platforms. Ufone 4G continues its network modernization activities to provide unmatched customer experience across Pakistan.

The introduction of ONIC, PTCL Group’s ambitious project, marks a pivotal step towards digital transformation. ONIC aims to be an all-encompassing digital platform, offering a suite of services ranging from e-commerce and financial services to entertainment and connectivity solutions.

PTCL & Ufone 4G, has entered into a strategic alliance with the esteemed Pakistani cricket franchise, Peshawar Zalmi, for the upcoming 9th edition of the Pakistan Super League (PSL).

U Bank

Ubank, microfinance and branchless banking subsidiary of PTCL, continued its growth trajectory and has achieved a remarkable 76.5% growth in revenue over the corresponding period of last year, while maintaining a strong balance sheet position as the bank continued to diversify its asset classes and funding streams while ensuring positive bottom-line impact. The bank stands resolute in its commitment towards financial and social inclusion, utilizing its extensive outreach to provide exceptional services to a diverse clientele across the length and breadth of the country through its rural retail banking, corporate finance & investment banking, Islamic banking, urban retail banking, corporate banking, and digital banking canvases.

Corporate Social Responsibility (CSR)

Throughout 2023, PTCL Group engaged in a variety of Corporate Social Responsibility (CSR) activities, showcasing a commitment to making a positive impact on society. One notable initiative involved supporting Pehli Kiran Schools in backward areas of Islamabad by providing Evo Charji Devices, ensuring seamless internet connectivity for out-of-school children.

Additionally, PTCL Group actively participated in national initiatives such as the Polio Eradication Campaign with UNICEF and organized a massive blood donation drive at its headquarters in alignment with 'World Blood Donor Day.' The organization collaborated with GSMA for a knowledge-sharing workshop addressing the gender gap in mobile usage in Pakistan. In order to promote environmental protection, a tree plantation campaign in collaboration with Parks & Horticulture Authority was also carried out.

Lahore January 25, 2024: Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), and largest integrated gas company of Pakistan, SNGPL have renewed their partnership for the continued provision of the state-of-the-art cellular services to SNGPL under PTCL Group Business Solutions.

Group Chief Business Solutions Officer (GCBSO), PTCL & Ufone 4G, Zarrar Hasham Khan, and MD/ CEO, SNGPL, Amer Tufail signed the agreement at SNGPL headquarters in Lahore, in the presence of senior officials from both organizations. Under this agreement, PTCL Group will provide wireless connectivity and a host of bundled services to SNGPL.

Speaking at the signing ceremony, Zarrar Hasham Khan, Group Chief Business Solutions Officer PTCL & Ufone 4G, stated, "PTCL Group takes pride in playing a significant role in driving technological advancement and transformation in Pakistan. Our provision of connectivity and ICT services brings substantial convenience and empowerment to individual users and enterprises, including SNGPL, which serves over 7.20 million consumers in North Central Pakistan. Our steadfast commitment is geared towards creating an environment that fosters technological innovation and transformation throughout Pakistan."

MD/ CEO, SNGPL, Amer Tufail said, “We are pleased to renew our collaboration with the PTCL Group to offer high-quality Cellular/ Internet of things products and services. SNGPL is a trusted brand, committed to serving domestic, commercial and industrial consumers to deliver sustainable growth and efficiency. That is why, we constantly invest and innovate with a commitment to deliver natural gas in our chosen areas through continuous expansion of our network, by optimally employing technological, human and organizational resources, best practices and high ethical standards.”

PTCL Group and SNGPL excel in leveraging technology to enable and empower their respective customers, besides contributing immensely to the growth and development in Pakistan. The mutual collaboration enhances their impact on a larger scale to help enrich and strengthen Pakistan’s economic landscape. 

Karachi – January 04, 2024: Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), and leading GPS tracking and IoT services provider, TPL Trakker have renewed their partnership for the continued provision of the state-of-the-art machine to machine (M2M) and ICT services to TPL Trakker under PTCL Group Business Solutions.

Group Chief Business Solutions Officer (GCBSO), PTCL & Ufone 4G, Zarrar Hasham Khan, and CEO, TPL Trakker, Rao Salman signed the agreement at TPL Trakker headquarters in Karachi, in the presence of senior officials from both organizations. Under this agreement, PTCL Group will provide wireless connectivity and a host of bundled services to TPL Trakker, to enable the company’s premium and efficiency-boosting vehicle tracking, performance management, and other IoT services.

Speaking at the signing ceremony, Group Chief Business Solutions Officer, PTCL & Ufone 4G, Zarrar Hasham Khan said, “PTCL Group being the National company is proud to be major proponent of technological enablement and transformation in Pakistan. Our connectivity and ICT services provide great deal of ease and enablement to our enterprise customers, like TPL Trakker, who in turn extend game-changing products and services to the people of Pakistan. We are steadfast in our commitment to further enhancing conduciveness for tech-based innovation and transformation in Pakistan.”

CEO, TPL Trakker, Rao Salman said, “We are proud to announce a historic expansion of our collaboration with PTCL Group, propelling us towards undoubted leadership in the Pakistani IoT landscape. This renewed partnership reaffirms our joint commitment to our unwavering focus on connectivity and positions us as pioneers in developing and delivering cutting-edge IoT solutions. Capitalizing on our local insights and harnessing PTCL's specialized knowledge, we aspire to deliver state-of-the-art solutions that is customized to meet the distinctive requirements of our diverse clientele. This strategic alliance paves the way for innovation, efficiency, and seamless nationwide connectivity. We extend our heartfelt gratitude to our stakeholders for their continued support as we embark on this transformative journey together.”

PTCL Group and TPL Trakker excel in leveraging digital technology to enable and empower their respective customers, besides contributing immensely to the growth and development of ICT technologies in Pakistan. The mutual collaboration enhances their impact on a larger scale to help enrich and strengthen Pakistan’s digital landscape.