Pakistan Telecommunication Company Limited has strongly dismissed recent media reports suggesting a potential shift in the investment position of e& in Pakistan. The company labeled the claims as speculative and without credible basis, stressing the need for accurate reporting to avoid unnecessary market uncertainty.
In its official statement, PTCL clarified that it is unaware of the sources cited in such reports. As a publicly listed entity, the company emphasized that unverified information can influence investor sentiment and disrupt market stability, making responsible journalism essential.
PTCL reiterated that its shareholders remain fully committed to the company’s long-term strategy and growth trajectory. This commitment is evident through several ongoing initiatives aimed at strengthening Pakistan’s telecom and digital infrastructure.
Among the key developments highlighted are the acquisition of Telenor Pakistan and Orion Towers, along with Ufone’s plans around 5G spectrum. The company also continues to expand its fibre network nationwide, improving connectivity and supporting the country’s digital transformation goals.
The statement further noted that PTCL’s Board recently reviewed its Q1 2026 performance, reaffirming strategic direction for sustained growth and operational transformation. This reflects a consistent focus on innovation, infrastructure development, and service delivery.
PTCL also confirmed that e&, formerly known as Etisalat, remains actively involved as the managing shareholder. The partnership continues to play a central role in shaping the company’s long-term vision and advancing Pakistan’s digital ecosystem.
The company concluded by reiterating its commitment to creating sustainable value for customers, stakeholders, and shareholders. PTCL’s response aims to restore confidence and reinforce clarity around its future plans amid ongoing speculation.
