PTCL Group has reported a significant return to profitability after more than four years, posting a consolidated net profit of approximately Rs 3.1 billion for Q1 2026. This turnaround is attributed to the consolidation of Telenor Pakistan's results and strong growth across fixed broadband, enterprise, and mobile segments. Concurrently, the company announced it has obtained a commercial certificate and plans to formally launch 5G services in May 2026, following Pakistan's recent spectrum auction where 480 MHz of spectrum was sold.

Pakistan's telecom sector has secured its first-ever AAA-rated Green Sukuk worth Rs 3 billion. The proceeds will finance one of the country's largest deployments of lithium-ion Battery Energy Storage Systems (BESS) and solar solutions for telecom towers, aiming to reduce diesel dependence and carbon emissions across approximately 1,955 sites.

A Pakistan Telecommunication Authority (PTA)-published benchmarking report for Q1 2026, based on 1.23 billion samples, indicates that Zong delivered the most consistent overall mobile network performance nationwide.

The merger between Ufone and Telenor Pakistan has received formal approval from the PTA and is in its final stages, awaiting some legal formalities. The combined entity is expected to offer improved services and potentially reshape the mobile market.