PTCL Group Delivers Robust Financial Performance with 62% YoY Topline Growth

Pakistan Telecommunication Firm Limited (PTCL), the country's leading telecom and ICT services provider, has confirmed its financial results for the nine months concluded September 30, 2026, at a Board of Directors session held in Islamabad.

Key points

• Under the Ba-Ikhtiar programme, 2, 100 women throughout 22 districts completed training in digital marketing, e-commerce and digital financial literacy, delivered by U Bank.
• 33.5 billion, representing a 181% YoY growth, reflecting the positive impact of the Telenor Pakistan amalgamation, together with higher revenues and improved operating performance.
• The firm rolled out its limited-period Azadi Offer, combining 100 Mbps Flash Fiber connectivity with an IPTV set-top box.
• PTCL's Pakistan Jitna Jawan Independence Day campaign celebrated the company's evolution alongside Pakistan over 79 years, highlighting its transformation into an integrated ICT provider.
• PTML partnered with the United Nations' Polio Eradication Initiative, operated by UNICEF through the National Emergency Operations Centre (NEOC), to provide GSM connectivity to frontline healthcare workers nationwide.

Consolidated revenue grew by 62% YoY, primarily driven by sustained expansion in the fixed broadband, enterprise and wholesale segments, along with robust mobile segment performance after the successful amalgamation of Ufone and Telenor under PTML.

While net profit reached Rs, consolidated operating profit grew by 181% YoY. 4.7 billion, reflecting the benefits of the successful amalgamation, coupled with continued operational efficiencies and revenue expansion.

PTCL revenue grew by 9% YoY, driven by a 26% growth in Flash Fiber revenue and a 15% expansion in Business Solutions, backed by 13% expansion in Carrier & Wholesale services while international business revenue has rose by 11% YoY.

PTCL posted operating profit of Rs. 11 billion and documented net profit of Rs. 3 billion, reflecting a 343% YoY improvement.

Mobile business (PTML) revenue rose by 139% year-on-year (YoY), driven by the consolidation of Telenor Pakistan after the amalgamation, along with continued expansion throughout the Corporate and Retail segments.

PTML documented an operating profit of Rs. 33.5 billion, representing a 181% YoY growth, reflecting the positive impact of the Telenor Pakistan amalgamation, together with higher revenues and improved operating performance.

Ubank generated revenue of Rs. 18.3 billion and documented operating profit during the period, compared to operating loss in the corresponding period last year, reflecting an improvement in its operating performance. The Bank's bottom line additionally improved by 84% compared to the prior period, indicating a continued recovery in its financial performance. Strengthening Fixed-Line and Enterprise Leadership.

During the quarter, PTCL continued to enhance its consumer offerings and strengthen its position in the fixed broadband market.

In practice, the firm rolled out its limited-period Azadi Offer, combining 100 Mbps Flash Fiber connectivity with an IPTV set-top box. PTCL additionally partnered with Mercantile, an Apple-authorized distributor, to introduce the iPhone 18 in Pakistan alongside an exclusive Flash Fiber bundle.

In practice, the Business Solutions segment maintained solid momentum, driven by growing demand for ICT services, cloud solutions, on-premises AI infrastructure, cybersecurity, managed services and data center offerings, alongside core connectivity services.

PTCL additionally retained its leadership in submarine connectivity, IP bandwidth and domestic bandwidth services for carrier customers, strengthening its role in supporting Pakistan's digital infrastructure and the evolving connectivity needs of businesses and service providers. Accelerating Mobile Business Integration and Expansion.

Notably, the addition of 1.5 million subscribers in Q3 drove revenue expansion, taking PTML's subscriber base to over 76 million. The sustained ARPU expansion backed by portfolio harmonization, usage expansion and network integration additionally contributed to the expansion. While network integration progressed throughout 25 districts by quarter-end, PTML additionally expanded its 5G footprint throughout major cities.

Going forward, PTML intends to prioritize nationwide network consolidation, 5G expansion, network quality, digital capabilities and customer experience to strengthen competitiveness and drive sustainable expansion. Digital offerings were further enhanced through family-sharing bundles for all subscribers and new self-service features. Driving Sustainable Social Progress & Digital Inclusion.

PTCL Group continued to advance its digital inclusion and social impact initiatives during the quarter.

Under the Ba-Ikhtiar programme, 2, 100 women throughout 22 districts completed training in digital marketing, e-commerce and digital financial literacy, delivered by U Bank. Beneficiaries received Ufone 5G SIMs with free connectivity and UPaisa wallets. Women entrepreneurs additionally showcased their achievements at a provincial conference on women's inclusion in Baluchistan, promoting economic empowerment.

PTCL signed an MoU with ConnectHear to deploy SILA, an AI-powered sign language solution, at selected customer service centres in Karachi, Lahore and Islamabad, improving accessibility for customers with hearing disabilities, with potential for expansion.

PTML partnered with the United Nations' Polio Eradication Initiative, operated by UNICEF through the National Emergency Operations Centre (NEOC), to provide GSM connectivity to frontline healthcare workers nationwide. Recognizing Excellence in Brand Building and Communications.

PTCL's Pakistan Jitna Jawan Independence Day campaign celebrated the company's evolution alongside Pakistan over 79 years, highlighting its transformation into an integrated ICT provider. At Dragons of Pakistan 2026, PTCL secured five awards, including one Silver, one Bronze and three Black Dragons, recognizing its work throughout brand marketing and social impact.

During the quarter, PTML continued integrated brand campaigns highlighting wider coverage and faster speeds. Consumer engagement was strengthened through the iPhone 18 launch. At Dragons of Pakistan 2026, Ufone and Telenor Pakistan won nine awards, including two Gold, two Silver and five Black Dragons for their campaigns throughout marketing, PR, media, digital and content creation. Stay Connected with ProPakistani.

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Taken together, the developments around PTCL Group Delivers Robust Financial Performance with 62% YoY Topline Growth point to a situation that is still moving, and the coming days should bring more clarity.