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PTCL Group Posts 62% Revenue Growth for Nine Months, Driven by Ufone-Telenor Amalgamation

Naveed Ahmad Khan

Islamabad: Pakistan Telecommunication Company Limited (PTCL) announced results for the nine months ended 30 September 2026, reporting consolidated revenue growth of 62% year-on-year. Consolidated operating profit rose 181%, and net profit reached Rs. 4.7 billion, reflecting the amalgamation of Ufone and Telenor under PTML, along with efficiency gains and revenue growth.

PTCL’s standalone revenue grew 9%, led by a 26% rise in Flash Fiber revenue, 15% growth in Business Solutions, 13% in Carrier & Wholesale and 11% in international business. It posted an operating profit of Rs. 11 billion and a net profit of Rs. 3 billion, a 343% improvement.

The mobile arm, PTML, saw revenue jump 139% and operating profit of Rs. 33.5 billion, up 181%. It added 1.5 million subscribers in Q3, bringing its base to over 76 million, expanded 5G across major cities, and progressed network integration in 25 districts. Ubank earned revenue of Rs. 18.3 billion and moved to an operating profit from a loss a year earlier, with its bottom line improving 84%.

During the quarter, PTCL launched the Azadi Offer bundling 100 Mbps Flash Fiber with an IPTV box, and partnered with Mercantile to introduce the iPhone 18 with a Flash Fiber bundle.

On social impact, the Ba-Ikhtiar programme trained 2,100 women across 22 districts in digital skills, PTCL signed an MoU with ConnectHear to deploy AI sign language solutions at customer centres, and PTML partnered with the UN Polio Eradication Initiative to connect frontline health workers.

PTCL won five awards and Ufone and Telenor nine at Dragons of Pakistan 2026.

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