Islamabad (Khyber Mail): PTCL Group (PTCL & Ufone 4G) and TPL Insurance have joined forces to introduce an innovative financial guarantee framework, enabling businesses to adopt digital tools, handhelds, and IoT equipment with greater ease. The partnership, announced on June 16, 2025, aims to enhance financial inclusion and technology access for enterprises across Pakistan.
The collaboration will elevate PTCL Group’s Device-as-a-Service portfolio, significantly reducing upfront investment costs for businesses of all sizes. Under this initiative, PTCL Group will offer a wide range of devices, including flagship phones, tablets, customized handhelds, IoT equipment, and networking solutions, while TPL Insurance’s credit risk mitigation system ensures flexible payment plans for customers.
Asif Ahmed, Group Chief Business Solution Officer, PTCL & Ufone 4G, emphasized the significance of the partnership, stating, “This collaboration reflects our commitment to building strong, future-ready partnerships that support business growth across Pakistan. We look forward to working closely with TPL Insurance to explore more strategic initiatives that enable greater access to technology and financial inclusion.”
Muhammad Aminuddin, Chief Executive Officer, TPL Insurance, shared his optimism about the partnership, adding, “We are pleased to partner with PTCL Group in introducing innovative financing solutions for businesses. This marks the beginning of a broader relationship, and we are confident that together we can unlock more opportunities that support digital and economic advancement.”
The agreement underscores PTCL Group’s long-term strategy to foster enterprise-focused solutions, empowering businesses with secure, scalable, and sustainable digital tools. As Pakistan moves toward greater technological integration, partnerships like these play a crucial role in shaping the country’s digital economy.