PTCL Faces Financial Losses Despite Revenue Growth; Finance Ministry Warns on Telenor Acquisition Risks
PTCL reports Rs7.2bn loss in H1 FY25; finance ministry warns of risks tied to Telenor Pakistan acquisition affecting digital transformation.
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Pathfinder Group Partners with PTCL Group to Boost Operations with Smart Cloud and IoT Solutions
Pathfinder Group and PTCL Group signed an SLA to deploy smart cloud and IoT solutions, including fleet tracking and surveillance, advancing digital transformation and operational efficiency across Pakistan.
PTCL Group and Huawei Deploy Advanced 5G Connectivity at Sukh Chayn Residence in Islamabad
PTCL Group and Huawei have deployed an advanced 5G-ready Digital Indoor System combined with high-speed FTTH at Islamabad’s Sukh Chayn Residence, pioneering Pakistan’s first luxury 5G-ready residential complex. This collaboration enhances connectivity quality and user experience, marking a significant milestone in the country’s digital lifestyle evolution.
PTCL-Ufone and Telenor Pakistan Merger Delayed Amid Regulatory Hurdles, Impacting Sector Growth
The PTCL-Ufone acquisition of Telenor Pakistan remains stuck pending CCP approval, delaying network upgrades, weakening market competition, and slowing 5G readiness, as rivals gain ground and sector uncertainty grows.
PTCL, Telco Integrators, and Kacific Partner to Expand Satellite Broadband Across Pakistan
PTCL, Telco Integrators, and Kacific have formed a strategic partnership to expand satellite broadband and voice services across Pakistan, focusing on underserved and remote regions. Combining PTCL’s infrastructure, Telco Integrators’ operational expertise, and Kacific’s satellite technology, the initiative aims to enhance digital inclusion, support SMEs, and drive socio-economic growth by providing reliable high-speed internet.
PTCL Group and TPL Insurance Launch Financial Guarantee Framework to Accelerate Digital Adoption in Pakistan
PTCL Group and TPL Insurance have launched a financial guarantee framework to support enterprises in Pakistan adopting advanced digital tools through flexible financing and risk mitigation. The partnership aims to reduce upfront costs, enhance digital enablement, and drive inclusive economic growth by making digital transformation more accessible across industries.
PTCL Reports Strong Q1 2025 Growth, Achieves 22% Revenue Increase
PTCL reported impressive financial results for Q1 2025, with a 22% revenue growth, reaching Rs 61.8 billion. Flash Fiber, Ufone 4G, and U Microfinance Bank all showed strong performance, while PTCL continued its digital transformation with innovations like WhatsApp-based bill payments and a focus on social impact initiatives.
Zarrar Hasham Khan Appointed Chairman of PTCL, Replacing Azfar Manzoor
Zarrar Hasham Khan has been appointed as the new chairman of Pakistan Telecommunication Company Limited (PTCL), effective March 10, 2025, replacing Azfar Manzoor. Khan brings over two decades of experience in the telecom sector, including leadership roles at Saudi Telecom Company, and holds degrees from top universities.
PTCL Announces Full Restoration of Internet Services After AAE-1 Cable Repair
PTCL announced that internet services in Pakistan are fully operational after the complete restoration of the AAE-1 undersea cable. The repair resolves the slow internet speeds and disruptions that users experienced in 2024. Additional bandwidth minimized disruptions, ensuring a seamless browsing experience for users, including Meta platforms.
PTCL Partners with IBM and GBM Pakistan to Modernize IT Infrastructure
PTCL has partnered with IBM and GBM Pakistan to modernize its IT infrastructure by deploying IBM Power10 servers and integrating IBM Spectrum Scale. This collaboration aims to improve performance, scalability, and security, while supporting PTCL’s digital transformation and long-term growth goals, reinforcing its commitment to operational excellence.
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