UBL Provides Rs. 25 Billion Financing Facility to Telenor Pakistan to Boost Telecom Investment
United Bank Limited has extended a Rs. 25 billion financing facility to Telenor Pakistan, supporting the telecom operator’s local funding needs amid infrastructure expansion and sectoral challenges, signaling renewed confidence in Pakistan’s telecom industry.
PTCL Reports Rs1.22 Billion Loss Despite 12.6% Revenue Growth in Nine Months of 2025
PTCL reported a net loss of Rs1.22 billion for the nine months ended September 2025, reversing last year’s profit despite a 12.6% revenue increase. Higher operating costs and a one-time pension expense impacted profits, though core operations showed strong growth.