ISLAMABAD, Jul 28 (APP):Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT services provider, reported a 226% year-on-year (YoY) increase in consolidated operating profit. In contrast, net profit reached Rs4.7 billion, reflecting the benefits of the successful amalgamation of Ufone and Telenor Pakistan, coupled with continued operational efficiencies and revenue growth. The announcement was made following a meeting of the company's Board of Directors in Islamabad, which approved …
PTCL posts Rs4.7bn profit , operating income surge after Ufone-Telenor merger
ISLAMABAD, Jul 28 (APP):Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, reported a 226% year-on-year (YoY) increase in consolidated operating profit.
In contrast, net profit reached Rs4.7 billion, reflecting the benefits of the successful amalgamation of Ufone and Telenor Pakistan, coupled with continued operational efficiencies and revenue growth.
The announcement was made following a meeting of the company’s Board of Directors in Islamabad, which approved the financial results for the half-year ended June 30, 2026.
PTCL maintained strong growth momentum during the first half of 2026, supported by continued expansion across its fixed-line, enterprise, and mobile businesses, as well as the successful amalgamation of Ufone and Telenor Pakistan under Pak Telecom Mobile Limited (PTML).
Consolidated revenue grew by 62% YoY, primarily driven by sustained growth in the fixed broadband, enterprise, and wholesale segments, along with strong performance in the mobile business following the successful amalgamation of Ufone and Telenor Pakistan under PTML.
Consolidated operating profit increased by 226% YoY, while net profit reached Rs4.7 billion, reflecting the benefits of the successful amalgamation, together with continued operational efficiencies and revenue growth.
PTCL’s standalone revenue increased by 8% YoY, driven by a 27% rise in Flash Fiber revenue and 13% growth in Business Solutions, supported by a 16% increase in Carrier & Wholesale services. International business revenue also grew by 3% YoY.
PTCL posted an operating profit of Rs8.5 billion and reported a net profit of Rs3.6 billion, representing a 211% YoY improvement. The bottom line was supported by a Rs2 billion dividend received from the wireless segment.
The mobile business (PTML) recorded a 138% YoY increase in revenue, driven by the consolidation of Telenor Pakistan following the amalgamation, along with continued growth across the corporate and retail segments.
PTML reported an operating profit of Rs23.1 billion, representing a 203% YoY increase, reflecting the positive impact of the Telenor Pakistan amalgamation, together with higher revenues and improved operating performance.
Ubank generated revenue of Rs12.3 billion and reported an operating profit during the period, compared with an operating loss in the corresponding period last year, reflecting improved operating performance. The bank’s bottom line also improved by 85% compared with the prior period, indicating continued recovery in its financial performance.
During the second quarter of 2026, PTCL completed the amalgamation of Ufone and Telenor Pakistan under PTML, marking the completion of one of Pakistan’s largest telecom consolidations. The unified mobile business combines complementary spectrum assets, nationwide network infrastructure, and a significantly expanded customer base to deliver enhanced connectivity, improved customer experience, and greater operational efficiencies.
PTCL also surpassed the milestone of 900,000 Flash Fiber subscribers during the second quarter of 2026, reinforcing its position as Pakistan’s largest fibre broadband provider. The milestone reflects growing customer demand for high-speed, reliable fibre connectivity and PTCL’s continued expansion of its fibre footprint across the country.
The company expanded its customer offerings through strategic partnerships. PTCL partnered with Apple’s authorised distributor, Mercantile, to introduce an exclusive bundled offer featuring a MacBook Neo with a 100 Mbps Flash Fiber connection and discounts on Apple accessories. It also partnered with Okasha to offer smart home solutions, including smart locks, smart lighting, and other connected devices, enabling customers to adopt more secure and connected digital lifestyles.
The Business Solutions segment maintained strong momentum, supported by growing demand for cloud services, AI infrastructure, cybersecurity, managed services, and data centre solutions, further strengthening PTCL’s position as a trusted ICT partner for enterprise and government customers.
Revenue growth was supported by stronger customer engagement, increased adoption of higher-value bundles, and a continued focus on customer value, while subscriber growth benefited from higher customer acquisitions.
A key integration milestone during the quarter was the completion of on-net harmonisation across Ufone and Telenor Pakistan, enabling more than 74 million subscribers to communicate seamlessly across both networks as one connected community. The milestone was supported by the first joint Ufone and Telenor Pakistan brand campaign, highlighting the scale and strength of the combined mobile business.
Following its acquisition of a significant share of spectrum in Pakistan’s 5G auction in the first quarter of 2026, PTML initiated its 5G rollout during the second quarter while progressing network consolidation. The additional spectrum and ongoing integration are expected to strengthen network capacity, coverage, and the company’s ability to deliver next-generation connectivity.
Digitisation remained a strategic priority during the first half of 2026, supported by continued investment in digital platforms, partnerships, self-service capabilities, and customer-centric engagement. Digital recharge penetration reached 59%, while monthly active users of the My Telenor and UPTCL apps increased by 10% and 17%, respectively.
During the half-year, PTCL continued to advance its social impact agenda across healthcare, inclusion, digital safety, and access to basic needs.
Under its Mother’s Day campaign, PTCL and Ufone launched a large-scale postpartum depression awareness initiative in partnership with Oladoc, providing access to free therapy sessions through the UPTCL app. The campaign reached 26 million people and recorded 48,000 registrations and 32,000 therapy sessions.
Under the Ba-Ikhtiar programme, training was initiated across 22 districts, onboarding around 2,100 women for digital and entrepreneurial skills development. In collaboration with UNICEF, SMS broadcasts supported polio awareness, while PTCL’s Water Project continued across South Punjab and Thar, providing sustainable access to clean drinking water for approximately 150,000 people.
PTML, in collaboration with the Telecom Foundation, also conducted a Safe Internet Awareness session at the Telecom Foundation School in Peshawar, engaging students and faculty on cyber safety, online privacy, responsible social media use, and digital wellbeing.
