PTCL corporate services – To The Point https://tothepoint.com.pk Read the latest news Fri, 28 Nov 2025 12:40:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.5 https://tothepoint.com.pk/wp-content/uploads/2021/10/cropped-To-the-Point-Favicon-32x32.png PTCL corporate services – To The Point https://tothepoint.com.pk 32 32 LOLC Microfinance Bank Partners with PTCL to Drive Scalable Digital Expansion https://tothepoint.com.pk/lolc-microfinance-bank-partners-with-ptcl-to-drive-scalable-digital-expansion/ Fri, 28 Nov 2025 12:40:44 +0000 https://tothepoint.com.pk/?p=3781

Pakistan Telecommunication Company Limited (PTCL) and LOLC Microfinance Bank have signed an agreement to provide comprehensive cloud services through PTCL Smart Cloud. The partnership will leverage PTCL’s advanced infrastructure and platform solutions to provide LOLC with scalable, secure technology to support its growing microfinance operations across Pakistan.

Farooq Rashid, Chief Executive Officer, LOLC Microfinance Bank, and Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G, signed the agreement at a ceremony in Islamabad. The signing was witnessed by senior executives from LOLC Microfinance Bank, including Ilsam Awfer, Chief Operating Officer, Nizar Ali Momnani, Chief Commercial Officer, and Faraz Basheer, Head of IT, along with PTCL & Ufone 4G executives Haseeb Hashmi, Group Director Enterprise Solutions, and Syed Imran Ali Bukhari, Group Vice President Strategy and Product Management.

On the occasion, Farooq Rashid, Chief Executive Officer, LOLC Microfinance Bank, said, “We are pleased to sign this agreement with PTCL as our trusted partner for infrastructure as a Service at PTCL Smart Cloud. This partnership signifies a transformative step forward in the Microfinance Bank’s approach to infrastructure, platforms, and data management. By leveraging PTCL’s data center and telecommunications expertise, LOLC aims to achieve an enhanced and reliable operating leverage and reduced time-to-market of products and services.”

During the signing ceremony, Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G, said, “We are pleased to sign an agreement with LOLC Micro Finance Bank to support them in fulfilling their business needs. PTCL, being a national company, is leading the digitalisation effort across the country. Through such partnerships, PTCL continues to play its key role in the development of telecom infrastructure by providing innovative and secure solutions to the corporate sector that will further contribute towards the overall economic growth of the country.”

PTCL endeavours to provide best-in-class services to its corporate customers across various industries in Pakistan. This agreement is part of the growth momentum across diverse areas of ICT and Security Solutions, which is key to Pakistan’s digital banking ecosystem. 

]]> Al Baraka Bank Pakistan Limited Selects PTCL for Colocation Primary Data Center https://tothepoint.com.pk/al-baraka-bank-pakistan-limited-selects-ptcl-for-colocation-primary-data-center-2/ Thu, 24 Jul 2025 12:30:53 +0000 https://tothepoint.com.pk/?p=3480 Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility. PTCL will provide Al Baraka Bank Pakistan Limited with a secure and reliable Data Center environment equipped with modern infrastructure, platform solutions, and managed security services.
Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, and Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, signed the agreement during a ceremony held at the Bank’s Head Office in Karachi.
Shahid Sumar, Chief Information Officer, Al Baraka Bank Pakistan Limited, Syed Muhammad Saqib, Head of IT Infrastructure, Al Baraka Bank Pakistan Limited, Basharat Qureshi, Group VP Enterprise, PTCL & Ufone 4G, Sayyed Imran Bukhari, Group VP B2B Strategy, PTCL & Ufone 4G, Saleem Ullah Baig, Group VP DC Ops, PTCL & Ufone 4G, and Umar Farooqi, Group Director Enterprise, PTCL, were also present on the occasion, along with other officials.
During the signing ceremony, Asif Ahmad, Group Chief Business Solutions Officer, PTCL and Ufone 4G, said, “We are pleased to enter a partnership with Al Baraka Bank Pakistan Limited to support them in their information technology and digital transformation vision. As the national carrier of Pakistan, PTCL aspires to be at the forefront of assisting leading organizations in their efforts to adopt cutting-edge technology solutions to drive the national digital agenda.”
On the occasion, Muhammad Atif Hanif, Chief Executive Officer, Al Baraka Bank Pakistan Limited, stated, “We are pleased to sign this agreement with PTCL as our trusted partner for Data Center facility as part of the Bank’s technology transformation strategy. This partnership represents a major step forward in enhancing our infrastructure and strengthening our approach to data and platform management. By leveraging PTCL’s expertise, we aim to improve security, reduce time-to-market, and deliver a digitally empowered financial experience to our customers and partners.”
PTCL continues to deliver best-in-class ICT and security services to organizations across various industries in Pakistan. This agreement reflects the growing momentum in adopting digital solutions that enable a modern, customer-centric banking ecosystem.

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