Pakistan Telecommunication Company Ltd (PTC)

Pakistan Telecommunication Company Limited (PTCL) clarified in response to a PSX media enquiry that while the company has submitted a binding offer to acquire a majority stake in a target company within the microfinance sector, negotiations and finalization are still underway, making any identification of the target premature and speculative.

Pakistan Telecommunication Company Limited (PTCL) announced that its Board of Directors approved the submission of a binding offer to acquire a majority stake in a target company. The proposed transaction remains subject to due diligence, definitive documents, and regulatory approvals, with no definitive agreement executed yet.

Pakistan Telecommunication Company Limited (PTCL) reported a consolidated profit after tax of PKR 4.67 billion for the six months ended June 30, 2026, compared to a loss of PKR 9.90 billion in the same period last year. The company's performance improved significantly, with earnings per share rising to PKR 0.92 from a loss per share of PKR 1.94 in the comparative period.