PTCL decides to monetize its 12 Non-core assets for enhancing financial agility
Islamabad: Pakistan Telecommunication Company Limited has decided to sell its twelve surplus immovable assets in nine cities to strengthen its financial health and service capacity. This is in consideration of the company’s aggressive network and ICT infrastructure expansion plans.
Required approvals have been accorded for the planned sale of company’s properties, situated in Attock, Bahawalpur, Faisalabad, Gujranwala, Kasur, Multan, Okara, Sadiqabad and Sialkot.
As a responsible corporate entity, PTCL ensures strict compliance with the relevant company policies and legal frameworks in all business operations. The planned transactions will be carried out through a transparent auction process in accordance with the rules and regulations to provide an equal opportunity to all individuals/firms interested in buying the properties.
Mobilink Bank and VBF Join Forces to Promote Financial Literacy Among Women and Youth
The funds generated from these properties will be allocated to the expansion of PTCL’s network and IT infrastructure. The liquid resources will play a pivotal role in financing upcoming projects aimed at delivering enhanced connectivity and integrated ICT services to an even larger consumer and enterprise user base across the nation. PTCL remains committed to its mission to provide seamless connectivity solutions to meet the evolving needs of Pakistan’s digital landscape.
- Mobilink Bank Wins Dual Honors at CFA Society Pakistan Awards for Digital Banking and Gender Diversity
- Motorola Edge 70 Fusion Price in Pakistan, Specifications and Features Revealed
- Motorola Signature 27 Scores 11,088 on Geekbench Ahead of November 5 Launch
- Buying a Phone Under PKR 100,000? Compare Battery Life, Performance, Design and Display Before You Choose
- Scotmann Pharmaceuticals Organises D Connect Summit 2026 in Karachi to Mark World Vitamin D Day
- Elon Musk’s Starlink Mobile Expansion Plan Could Hinge on Boost Mobile Acquisition
- Fatima Fertilizer Farmers Win 119 of 120 District Positions in Punjab Wheat Yield Contest
