Ufone

company 1 Deal 3 Partners

Ufone is a Pakistani mobile network operator, a subsidiary of PTCL, providing 2G, 3G, and 4G services across Pakistan. It focuses on expanding and modernizing its telecommunications infrastructure, including mobile and fiber optic networks.

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Founded 2001 Parent: Pakistan Telecommunication Company Limited (PTCL)

Telecommunications CompanyOperatorDeveloper

Strategic Overview

Focus on expanding 4G network coverage and capacity across Pakistan.
Strategic acquisition of Telenor Pakistan aims to consolidate market position and enhance digital services offerings.
Ongoing investment in fiber optic infrastructure to support mobile backhaul and fixed-line services.

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Deal History (1)

Pakistan concludes 5G spectrum auction, raising over $500M

Buyer Telecom Pakistan Mar 10, 2026 USD507M

Investment Focus

Technologies

Telecom1

Geography

Pakistan1

Key People

Hatem Bamatraf

CEO, PTCL & Ufone

Track Record

Years Active

Notable projects: Nationwide 4G Network Expansion, Fiber Optic Network Deployment

Detailed Analysis

Sectors

Digital/Telecom

Technologies

Mobile Network (2G/3G/4G)Fiber Optic NetworksData Center

Geographies

Pakistan

Deal Stage

OperatingGreenfield

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