Home Business & Finance PTCL refutes news of potential change in the investment position of e& in Pakistan

PTCL refutes news of potential change in the investment position of e& in Pakistan

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KARACHI: Pakistan Telecommunication Company Limited (PTCL) notes recent media reports regarding a potential change in the investment position of e& (formerly Etisalat) in Pakistan.

The company would like to reject the baseless and speculative reports and is not aware of the sources referenced in these reports. As a publicly listed entity, PTCL emphasizes the importance of accurate and responsible reporting, as unverified information may lead to unnecessary market speculation.

PTCL’s shareholders remain fully committed to the company’s long-term strategy and growth trajectory. This is reflected in key strategic initiatives, including the acquisition of Telenor Pakistan and Orion Towers, Ufone’s 5G spectrum acquisition, and the continued expansion of the company’s fiber network across the country.

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