Company type | Subsidiary |
---|---|
Industry | Telecommunication |
Founded | 29 January 2001 |
Headquarters | Ufone Tower, Blue Area, |
Key people | Hatem Bamatraf GCEO & President |
Products | ONIC, UPaisa |
Revenue | Rs. 60.074 billion (US$210 million) (2022) |
Total assets | Rs. 211.208 billion (US$730 million) (2022) |
Total equity | Rs. 6.452 billion (US$22 million) (2022) |
Parent | Pakistan Telecommunication Company Ltd |
Website | ufone |
Footnotes / references Financials as of 31 December 2022[update] [1] |
Pak Telecommunication Mobile Limited, doing business as Ufone, is a Pakistani wireless network operator headquartered in Islamabad. It is a wholly owned subsidiary of Pakistan Telecommunication Company Limited. Following PTCL's privatization, Ufone became a part of Etisalat by e& in 2006.
Ufone is mobile service provider in Pakistan with a subscriber base of 26 million as of August 2024, among which 16 million are 4G/LTE subscribers. It has a market share of 13%, the least among all four mobile operators.[2]