ISLAMABAD — After years of financial struggle, the Pakistan Telecommunication Company Ltd (PTCL) has officially returned to profitability. In its latest financial briefing, the company credited its turnaround to aggressive digital transformation and infrastructure growth. Along with the profit news, PTCL Group announced that it is set to formally launch 5G services in Pakistan next month, a move that will revolutionize the country’s internet landscape.
While the group cautioned that the ongoing regional war has increased fuel prices and interest rates, the return to profit is seen as a sign of resilience in the local corporate sector. This news has already sparked interest in the telecom sector at the Pakistan Stock Exchange, with investors eyeing 5G as the next big growth driver for the country’s IT and freelancing economy.
