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Wednesday July 16, 2025

PTCL, TPL Insurance partner to power business digitalisation

By Our Correspondent
June 17, 2025
PTCL building — PTCL/File
PTCL building — PTCL/File

KARACHI: PTCL Group (PTCL & Ufone 4G), Pakistan’s leading telecommunications and digital services provider, has joined hands with TPL Insurance to launch a pioneering financial guarantee framework aimed at accelerating digital adoption across enterprises, said a press release on Monday.

This strategic partnership will support businesses of all sizes in acquiring advanced digital tools, handheld devices, IoT solutions and networking equipment under PTCL Group’s expanded device-as-a-service (DaaS) portfolio. The collaboration enables flexible payment options, reducing upfront capital constraints and making digital transformation more accessible.

With TPL Insurance providing a robust credit risk mitigation solution, PTCL Group will offer businesses increased confidence through secure and scalable financing models. The initiative is expected to significantly boost digital enablement in Pakistan’s enterprise sector.

Group Chief Business Solutions Officer at PTCL and Ufone 4G Asif Ahmed said, “This collaboration reflects our commitment to future-ready partnerships that drive inclusive growth.”CEO of TPL Insurance Muhammad Aminuddin added, “We are excited to offer innovative financing with PTCL Group, opening new avenues for economic and technological development.”