KARACHI: Pakistan Telecommunication Company Limited has announced its consolidated financial results for the year ended December 31, 2025, reporting strong year-on-year growth across key segments while advancing major strategic milestones.
Financial performance
Consolidated revenue rose 12 percent year on year, supported by solid growth in fixed broadband, enterprise, wholesale, and mobile services. Consolidated operating profit increased by 216 percent. However, the Group recorded a net loss of Rs 9.7 billion, primarily due to accelerated expected credit loss provisioning at Ubank following revisions to Prudential Regulations.
At the standalone level, PTCL revenue grew 12 percent year on year, driven by 50 percent growth in Flash Fiber and 16 percent growth in Business Solutions. Carrier and Wholesale revenue increased by 28 percent, while the international segment recorded 3 percent growth.
PTCL’s operating profit reached Rs 18.2 billion, up 49 percent year on year. The company posted a net profit of Rs 1.4 billion despite a one-off additional pension liability of Rs 6.9 billion following a Supreme Court decision.
Ufone delivered 14 percent revenue growth year on year, driven by retail and corporate segments. Its operating profit rose 283 percent to Rs 17.6 billion, while net loss narrowed by 89 percent.
Strategic consolidation
A major milestone during the year was the completion of PTCL’s acquisition of Telenor Pakistan on December 31, 2025, after receiving all regulatory approvals. Telenor Pakistan’s operational results will be consolidated from January 1, 2026. With Telenor Pakistan and Orion Towers now wholly owned subsidiaries, the transaction marks one of the most significant telecom consolidations in Pakistan.
The Group has also initiated steps toward the planned amalgamation of Telenor Pakistan and Ufone, subject to regulatory approvals, to expand nationwide coverage, improve operational efficiency, and strengthen competitiveness.
Broadband and digital momentum
PTCL Flash Fiber maintained leadership in Pakistan’s fiber broadband market, achieving 50 percent year-on-year growth and securing a 33 percent subscriber market share. The launch of the ‘Tez Raftaar’ offer expanded access to affordable high-speed internet.
Digital services also posted strong growth. UPaisa’s 30-day active users exceeded 1.5 million, with transactions increasing 57 percent year on year to a record monthly peak of 13.2 million. Monthly throughput reached Rs 21.9 billion, up 33 percent. The UPTCL self-care app surpassed 5.7 million monthly active users, while Ufone’s digital sub-brand Onic crossed 406,000 subscribers, registering 169 percent year-on-year growth.
Enterprise and infrastructure expansion
During 2025, PTCL and Ufone expanded enterprise offerings nationwide, including mobility, connectivity, and digital services. Ufone scaled its Device-as-a-Service platform for IoT and M2M use cases and secured major contracts across government and fintech sectors.
PTCL Smart Cloud recorded growth by onboarding digital banks, fintech firms, enterprises, and government institutions. The company also upgraded AI-ready data center infrastructure and strengthened managed security and disaster recovery capabilities.
The Wholesale segment expanded IP bandwidth and managed capacity through partnerships with mobile operators and satellite providers. Internationally, PTCL enhanced its carrier wholesale footprint through a diversified submarine cable network and resilient national fiber backbone.
