$PTC Pakistan Telecommunication Company Ltd (PTC): Framing Tail Risk from – By Chase Research
$PTC
Pakistan Telecommunication Company Ltd
Rs. 70.53
+0.74%
- After the recent rally, near-term risk/reward looks more balanced, but the medium-term thesis still hinges on (1) sector consolidation translating into pricing hygiene and (2) QoS + integration synergies lifting willingness to pay.
- Our published base case already assumes ARPU recovery continues: 2026 mobile ARPU of ~PKR 280/user/month, then ~15% CAGR from 2027–2030 to ~PKR 490 by 2030.