Pakistan, July 13 -- Despite showing an increase in revenue, Pakistan Telecommunication Company Limited (PTCL) continues to struggle financially, raising serious concerns about its long-term strategy and financial health. According to a recent report by the Central Monitoring Unit (CMU) of the Ministry of Finance, PTCL suffered a loss of Rs7.2 billion in the first half of fiscal year 2024-25.

This pushed the company's total accumulated losses to Rs43.6 billion. The report also revealed that PTCL has moved up in the list of loss-making state-owned enterprises, rising from the 10th to the 7th position compared to the same period last year. The findings have increased pressure on PTCL's management to take corrective measures.

Moreover, the...