Pakistan Telecommunication Company Limited (PTCL) has denied reports suggesting a possible change in EN (formerly Etisalat) investment in Pakistan. PTCL noted recent media reports concerning a potential shift in EN’s investment in the country. The company strongly refuted the unfounded and speculative stories, stating it has no knowledge of the sources cited in those reports. As a publicly listed company, PTCL emphasized the importance of accurate and responsible reporting, warning that unverified information can create unnecessary market speculation. PTCL’s shareholders remain fully committed to supporting the company’s long‑term strategy and growth journey, demonstrated by key strategic moves such as the acquisition of Telenor Pakistan and Orion Towers, the purchase of 5G spectrum, and the ongoing expansion of its nationwide fiber network. PTCL’s board recently reviewed the company’s first quarter 2026 performance and will continue to provide clear strategic guidance for future growth and transformation. EN, as the managing shareholder, will continue to collaborate with PTCL to pave the way for long‑term benefits and advance Pakistan’s digital ecosystem. PTCL remains dedicated to delivering continuous value to its customers, stakeholders, and shareholders.
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