In a bold move to reshape enterprise technology adoption, PTCL Group (PTCL & Ufone 4G), Pakistan’s largest telecommunications and digital services provider, has partnered with TPL Insurance to roll out the country’s first financial guarantee framework for Device-as-a-Service (DaaS). This pioneering collaboration aims to accelerate the use of digital tools, handhelds, and IoT devices across businesses of all sizes by removing financial barriers and simplifying access.
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With this initiative, PTCL Group expands its DaaS portfolio to offer a diverse range of devices — including flagship smartphones, tablets, customized handhelds, IoT equipment, and digital networking gear — without requiring significant upfront capital investment. TPL Insurance plays a vital role by enabling flexible installment-based payment options through an innovative credit risk mitigation model, making it easier for organizations to digitally transform operations.
“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,” said Asif Ahmed, Group Chief Business Solution Officer, PTCL & Ufone 4G.
Muhammad Aminuddin, Chief Executive Officer, TPL Insurance, added, “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 game-changing partnership marks a significant leap in PTCL Group’s enterprise enablement strategy, creating scalable, secure, and sustainable digital infrastructure for Pakistan’s evolving business ecosystem.
