Information on the Target

Pakistan Telecommunication Company Limited (PTCL) is a leading telecommunications and ICT services provider in Pakistan. Recently, the company disclosed its financial results for the fiscal year ending December 31, 2024, during a meeting of its Board of Directors in Islamabad. PTCL Group has reported an impressive revenue increase of 17%, solidifying its position as the top integrated telecom service provider in the country.

In 2024, the PTCL Group achieved significant financial milestones, posting revenues of Rs 219.7 billion. The growth was primarily driven by robust performance in various consumer segments, including fixed broadband, mobile data, and business solutions, along with a notable 25% increase in Ufone (PTML) revenue year-over-year.

Industry Overview in Pakistan

The telecommunications sector in Pakistan is becoming increasingly competitive and dynamic. The country has seen rapid advancements in digital technology, resulting in rising consumer demand for high-speed internet and mobile services. As of 2024, there has been a marked increase in the adoption of fixed broadband services, with PTCL emerging as a market leader through its flagship

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