Tuesday, August 04 2026

KPMG exit won’t affect oversight of major telecom merger
Independent oversight of Pakistan’s largest telecom merger will continue uninterrupted despite a reported decision by KPMG to exit Pakistan, with the Competition Commission of Pakistan (CCP) confirming that compliance monitoring under the PTCL–Telenor merger remains fully intact, official sources told Business Recorder. The official sources said the five-year monitoring framework—covering compliance reviews, transaction audits and quarterly reporting—will continue through the Independent Third-Party Reviewer (TPR) appointed under the merger conditions. The sources maintained that the reported exit by KPMG would not affect the arrangement, as other partners associated with the engagement would continue to discharge the reviewer’s responsibilities.
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Friday, July 31 2026

Govt discusses scrapping right-of-way fees to accelerate fiber rollout
The government discussed abolishing Right-of-way (ROW) fees, among other measures, for telecom infrastructure as part of a proposed National Connectivity Plan (NCP) aimed at accelerating fibre-optic network deployment and expanding high-speed internet access, read an official statement on Friday. Federal Minister for Economic Affairs Ahad Cheema chaired a meeting on the NCP, joined by the Minister for IT & Telecom Shaza Fatima Khawaja and senior officials. The meeting primarily focused on expanding access to high-speed internet in villages, remote areas, and small towns to bridge the digital divide and unlock new economic opportunities, read an official statement.
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After Telenor Pakistan acquisition, PTCL reportedly eyes digital wallet
The market is rife with speculation that after completing the acquisition of Telenor Pakistan last year, Pakistan Telecommunication Company Limited (PTCL) is now setting its sights on acquiring a known digital wallet, potentially bringing the country’s leading digital financial services platform under the PTCL Group. The speculation intensified after PTCL informed the Pakistan Stock Exchange (PSX) on Friday that its Board of Directors had approved the submission of a binding offer to acquire a majority stake in an unnamed target company.
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Wednesday, July 29 2026

Pakistan needs resilient digital infrastructure
Building a competitive artificial intelligence (AI) ecosystem will require Pakistan to invest in secure, resilient and high-capacity digital infrastructure supported by predictable policies and coordinated action across the public and private sectors, PTML Chief Technology and AI Officer (CTO), Awais Vohra, said here on Tuesday during the GSMA Digital Nation Pakistan Ministerial Roundtable. Speaking during the session on “Building Trusted Digital Infrastructure for an AI-Driven Economy,” Awais Vohra said AI-driven economic growth would depend on strengthening the country’s digital foundations through sustained investment and long-term policy support.
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IH2026 results: PTCL achieves 62pc growth YoY
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the half year ended June 30, 2026, at a Board of Directors meeting held in Islamabad. PTCL maintained strong growth momentum during the first half of 2026, supported by continued growth across its fixed, enterprise and mobile businesses, alongside the successful amalgamation of Ufone and Telenor Pakistan under Pak Telecom Mobile Limited (PTML).
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