Ptcl Acquires Telenor Pakistan, Reports 12% Revenue Growth

As of February 24, 2026, Pakistan Telecommunication Company Limited (PTCL) has reported a significant development in its financial performance and strategic positioning following the completion of its acquisition of Telenor Pakistan. The acquisition, finalized on December 31, 2025, represents a landmark consolidation in Pakistan's telecom sector, aiming to enhance operational efficiencies and market competitiveness. PTCL's consolidated revenue for the fiscal year 2025 increased by 12% year-on-year, reaching PKR 120 billion, driven largely by a 50% growth in its Flash Fiber service and a 16% increase in Business Solutions. Despite this revenue growth, PTCL recorded a net loss of Rs9.7 billion, primarily due to accelerated expected credit loss provisioning at Ubank. PTCL's operating profit surged by 216% year-on-year, amounting to Rs18.2 billion, highlighting strong operational performance amidst challenges. As stated in the Profit Pakistan article, "Ufone achieved 14% YoY revenue growth, with a remarkable operating profit increase of 283% YoY, indicating a narrowing of net losses by 89%."