PTCL Group Revenue Surges 62% as Ufone-Telenor Merger Drives Growth

PTCL Group Revenue Surges 62% as Ufone-Telenor Merger Drives Growth

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) Group has reported a significant improvement in its financial performance, with consolidated revenue rising 62% year-on-year (YoY) during the first half of 2026, driven by growth in broadband, enterprise services, and mobile operations following the integration of Ufone and Telenor Pakistan.

The company announced its financial results for the six months ended June 30, 2026, during a Board of Directors meeting held in Islamabad, highlighting strong performance across its fixed-line, enterprise, and mobile segments.

According to the results, PTCL Group’s consolidated operating profit increased by 226% YoY, while net profit reached Rs. 4.7 billion, reflecting improved operational efficiency, revenue expansion, and the positive impact of the Ufone-Telenor Pakistan amalgamation under Pak Telecom Mobile Limited (PTML).

PTCL Broadband and Enterprise Businesses Drive Growth

PTCL’s standalone revenue increased by 8% YoY, supported by strong performance in its broadband and enterprise segments.

The company’s Flash Fiber revenue grew by 27%, while Business Solutions revenue increased by 13%. Carrier and wholesale services also recorded 16% growth, whereas international business revenue improved by 3% compared with the previous year.

PTCL posted an operating profit of Rs. 8.5 billion and a net profit of Rs. 3.6 billion, marking a 211% year-on-year improvement. The company said the financial performance was further supported by a Rs. 2 billion dividend received from its wireless segment.

Ufone-Telenor Integration Strengthens Mobile Business

The mobile business under PTML recorded strong growth following the successful amalgamation of Ufone and Telenor Pakistan.

PTML revenue increased by 138% YoY, supported by the consolidation of Telenor Pakistan operations and continued growth across corporate and retail segments.

The mobile company reported an operating profit of Rs. 23.1 billion, representing a 203% increase year-on-year, as the merger helped create operational efficiencies, improve network capacity, and expand its customer base.

PTCL said the completion of the merger represents one of Pakistan’s largest telecom consolidations, combining spectrum resources, nationwide infrastructure, and customer networks to deliver improved connectivity and digital services.

Flash Fiber Subscribers Cross 900,000 Mark

PTCL also achieved a major operational milestone as its Flash Fiber subscribers crossed 900,000 during the second quarter of 2026, strengthening its position as Pakistan’s largest fiber broadband provider.

The company said increasing demand for high-speed internet and continued expansion of fiber infrastructure contributed to the milestone.

PTCL also expanded its digital ecosystem through partnerships, including collaborations with Apple’s authorized distributor Mercantile for bundled MacBook Neo and Flash Fiber offerings, and with Okasha for smart home solutions featuring connected devices.

PTML Begins 5G Rollout After Spectrum Acquisition

Following its acquisition of a significant share of spectrum in Pakistan’s 5G auction during Q1 2026, PTML has started rolling out 5G services while continuing network integration.

The company said additional spectrum capacity and network consolidation will improve coverage, connectivity, and support next-generation digital services.

A major integration milestone was achieved with the completion of on-net harmonisation between Ufone and Telenor Pakistan, allowing more than 74 million subscribers to communicate seamlessly across both networks.

Digital Services and Customer Engagement Expand

PTCL Group continued focusing on digital transformation during the first half of 2026, with increased adoption of digital platforms and self-service solutions.

Digital recharge penetration reached 59%, while monthly active users of the My Telenor and UPTCL applications increased by 10% and 17%, respectively.

The company’s enterprise business also maintained momentum, driven by growing demand for cloud services, artificial intelligence infrastructure, cybersecurity solutions, managed services, and data center offerings.

PTCL Expands Social Impact Initiatives

Alongside business growth, PTCL Group continued its social impact programmes focused on healthcare, digital inclusion, education, and community development.

Under its Mother’s Day campaign, PTCL and Ufone partnered with Oladoc to raise awareness about postpartum depression, providing free therapy sessions through the UPTCL application. The initiative reached 26 million people, with 48,000 registrations and 32,000 therapy sessions recorded.

Through the Ba-Ikhtiar programme, PTCL launched digital and entrepreneurial skills training across 22 districts, benefiting around 2,100 women.

The company also continued water access projects in South Punjab and Thar, providing clean drinking water to approximately 150,000 people, while partnering with UNICEF on polio awareness campaigns through SMS outreach.

PTML, in collaboration with Telecom Foundation, also conducted safe internet awareness sessions in Peshawar to promote cyber safety, online privacy, and responsible digital practices among students.

Also Read: PTCL Flash Fiber Crosses 900,000 Subscribers, Strengthens Broadband Leadership in Pakistan

Scroll to Top