PTCL’s financial woes deepen

ISLAMABAD: Despite generating higher revenues, Pakistan Telecommunication Company Ltd (PTCL) — the only state-owned enterprise (SOE) managed by the private sector — continues to incur losses, raising concerns over its financial health and future strategy.

According to the biannual performance report (July-December FY25) released by the Central Monitoring Unit (CMU) of the Ministry of Finance, PTCL posted a loss of Rs7.2 billion during the period, pushing its accumulated losses to Rs43.6bn.