PTCL Group & TPL Insurance Partner to Enable Device Financing

By Ayesha Anwar
5 Min Read
PTCL Group & TPL Insurance Partner to Enable Device Financing

The largest telecom and digital services provider in Pakistan, PTCL Group (PTCL & Ufone 4G), has teamed up with TPL Insurance to introduce a ground-breaking financial guarantee program designed to encourage the use of digital tools, handheld devices, and Internet of Things equipment by businesses and organizations of all sizes.

By delivering convenience of payments and drastically lowering the upfront investment overheads for both small and large organizations, this game-changing partnership enables PTCL Group to expand its Device-as-a-service portfolio.

A wide range of products, including flagship phones, tablets, customized handhelds, IoT, digitalizing, and networking equipment, will be available from PTCL Group under the initiative.

PTCL Group will provide flexible payment plans to further solidify its dedication to provide safe, scalable, and sustainable solutions to technologically empower Pakistan’s changing business environment, thanks to the innovative credit risk reduction solution of TPL Insurance.

Asif Ahmed, Group Chief Business Solution Officer, PTCL & Ufone 4G, talked about the partnership and said:

“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 opinions and said:

“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.”

This agreement is an important milestone in the PTCL Group’s ambition to employ innovation, technology, and strategic alliances to develop enterprise-focused solutions and promote financial inclusion.

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