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  • EHang EH216-Series eVTOL Aircraft Completes First Cross-Province Flight, Crossing Qiongzhou Strait

    EHang EH216-Series eVTOL Aircraft Completes First Cross-Province Flight, Crossing Qiongzhou Strait

    Guangzhou, China – December 31, 2025 – EHang Holdings Limited (Nasdaq: EH), a global leader in Advanced Air Mobility (AAM), announced today that its EH216-series pilotless electric vertical takeoff and landing (eVTOL) aircraft has successfully completed a point-to-point flight across the Qiongzhou Strait. The aircraft departed from Nanhai Mingzhu Island in Haikou City, Hainan Province, and arrived at Xuwen Port in Zhanjiang City, Guangdong Province, completing the 22-kilometer journey in just 18 minutes. This represents a significant reduction from the typical 60–90 minutes ferry crossing, improving travel efficiency by approximately 70–80%. This validates the technical capabilities and efficiency of pilotless eVTOLs in over-water operations and lays a solid technological foundation for future coordinated low-altitude mobility development between Hainan and Guangdong Provinces.

     

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    Image: EH216-series eVTOL completes a point-to-point flight from Haikou, Hainan to Zhanjiang, Guangdong, crossing the Qiongzhou Strait

     

    The EH216-series aircraft that successfully crossed the strait is equipped with a high-energy solid-state battery co-developed by EHang and its partner Inx Energy. This flight effectively demonstrates the stable performance of this battery in complex environments such as over-water eVTOL operations, providing strong technical support for diverse applications including cross-strait transportation, island tourism, maritime emergency response, and island logistics. It also paves the way for effective inter-provincial connectivity and extends to longer-range flights covering multiple cities within the Guangdong-Hong Kong-Macao Greater Bay Area, enabling inter-city passenger and cargo transport and accelerating the commercialization of the low-altitude economy.

     

    EHang, in collaboration with its partners, has actively conducted application scenario flights under various weather conditions and terrains worldwide. It has accumulated extensive safe flight data in environments exceeding 3,000 meters in altitude, extreme cold and heat, typhoons, rain, snow, and over rivers, lakes, and seas. This experience provided crucial support and assurance for this cross-strait flight. The EHang team completed route planning, weather surveying, and all necessary flight support preparations in the shortest time possible. The aircraft achieved stable flight across the strait under conditions of long distance and rapidly changing winds and waves, showcasing its high-redundancy safety performance and validating the leading capabilities of EHang’s pilotless aircraft.

     

    The flight was witnessed by distinguished guests at the “Soaring Skyward” event series in the Hainan Free Trade Port, including Mr. Dong Zhiyi, Chief Low-Altitude Economy Expert at the Chinese Society of Aeronautics and Astronautics and former Deputy Administrator of the Civil Aviation Administration of China; Mr. Xiao Faxuan, Chairman of Hainan Airport Group; Mr. Luo Hongxia, Secretary of Xuwen County, Zhanjiang City, Guangdong Province; Mr. Liu Libo, Chairman of Pengcheng Low-Altitude Economy Industry Development (Shenzhen) Co., Ltd. and Executive President of the Greater Bay Area Low-Altitude Economy UAV Association; Mr. Wang Dong, Vice President of EHang and General Manager of EHang General Aviation; and Mr. He Tianxing, Vice President of EHang. As the first pilotless human-carrying eVTOL to cross the Qiongzhou Strait, the EH216-series received high praise for its safe and stable performance.

     

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    Image: EH216-series eVTOL with the solid-state battery completes a flight, crossing the Qiongzhou Strait

     

    With the Hainan Free Trade Port now fully operational under its special customs regime, a range of tailored low-altitude application scenarios are emerging. These encompass low-altitude passenger transport to alleviate congestion across the Qiongzhou Strait, cross-border logistics to enhance the Port’s circulation efficiency, and cross-strait tourism linking the cultural resources of Hainan and Guangdong.

    This EH216-series flight serves not only to validate the technology for these post-customs-closure scenarios but also to establish a potential low-altitude corridor between Hainan and Guangdong. This will further help EHang solidify its development foundation across both provinces, foster international exchange, and cultivate a low-altitude application ecosystem, thereby injecting new momentum into Hainan’s low-altitude economy and the cultivation of new quality productive forces for the Free Trade Port.

     

    Mr. Xiao Faxuan, Chairman of Hainan Airport Group, stated in his address, “EHang’s successful pilotless eVTOL flight across the Qiongzhou Strait is a vivid example of innovative development in Hainan’s low-altitude economy. We will seize the opportunity presented by the Free Trade Port’s special customs operations to build a pioneer zone for low-altitude economy applications, empowering industrial development through practical applications and making the low-altitude economy a new growth engine for the Free Trade Port. We will also deepen collaboration between Hainan Province and Guangdong Province, integrate policy and industrial resources across both provinces, facilitate smooth cross-province air mobility, and unite powerful synergies for low-altitude economy development, thereby infusing greater vitality into the Hainan Free Trade Port.”

     

    Wang Zhao, Chief Operating Officer of EHang, said, “The successful crossing of the Qiongzhou Strait by our EH216-series pilotless eVTOL validates its adaptability and the efficiency gains it brings in complex environments like over-water routes. This achievement is also a significant result of our collaboration with partners to comprehensively enhance core safety performance and jointly build a diverse application ecosystem. Coinciding with the historic opportunity of the Hainan Free Trade Port’s special customs operations, the low-altitude economy—a key emerging sector for the Port—is facing promising growth prospects. EHang will leverage this opportunity to continue empowering diverse applications in Hainan, including long-distance logistics, and emergency response, with our pilotless aircraft technology. We are committed to supporting Hainan in building a national innovation and demonstration hub for the low-altitude economy.

    About EHang

    EHang (Nasdaq: EH) is the world’s leading advanced air mobility (“AAM”) technology platform company, committed to making safe, autonomous, and eco-friendly air mobility accessible to everyone. The company develops and manufactures a diversified portfolio of pilotless electric vertical take-off and landing (“eVTOL”) aircraft for a wide range of use cases, including aerial tourism, intra-city transport, intercity travel, logistics and emergency firefighting. Its flagship model, EH216-S, has obtained the world’s first type certificate, production certificate and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China, and is now commercially operated under the country’s first Air Operator Certificates for human-carrying eVTOL services. Complementing this, EHang’s VT35 expands its reach into long-range and intercity scenarios, supporting the development of a multi-tiered low-altitude mobility network. By integrating advanced autonomous technologies with scalable operational infrastructure, EHang is redefining how people and goods move—across cities, regions, and natural barriers—shaping the future of air mobility. For more information, please visit www.ehang.com.

     

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

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  • PISTOL MRI allows noninvasive assessment of changes in tumor oxygenation post hypoxia targeted therapy

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  • Trading at PSX turns choppy as investors lock in gains

    Trading at PSX turns choppy as investors lock in gains

    Trading at the Pakistan Stock Exchange remained choppy on Wednesday as early optimism faded in the face of mounting profit-taking. This volatile performance came after a sustained rally over recent sessions, prompting investors to adopt a cautious stance.

    The benchmark KSE-100 index kicked off the session on a bullish footing, racing to an intra-day peak of 175,232.90 and briefly breaching the landmark 175,000-point level for the first time. However, the momentum could not be sustained. As the session progressed, investors chose to lock in gains, prompting a gradual retreat from the day’s highs. As a result, the index slipped to an intra-day low of 173,564.33 amid broad-based selling.

    Pressure was most evident in heavyweight sectors such as automobile assemblers, commercial banks, power generation, and refineries, which collectively dragged the market lower. By the close, the KSE-100 index ended in negative territory, shedding 418.47 points, or 0.24%, to settle at 174,054.32.

    Meanwhile, the broader market outlook remains constructive despite near-term volatility. The KSE-100 index emerged as the second-best performing frontier market in CY25, delivering a robust 51% return and closing the year at a fresh record high, Arif Habib Limited (AHL) reported.  

    This performance extends its three-year streak of double-digit gains, following returns of 55% in CY23 and an exceptional 84% in CY24, with only Romania outperforming Pakistan among frontier markets.
    Over the past three years, the index has generated an average annual return of 64%, placing it among the top-performing equity markets globally. In dollar terms, cumulative returns reached 249%, a level unmatched by any other market over the same three-year period, AHL wrote.

    Overall trading volume increased to 957.2million shares compared with Tuesday’s tally of 851milion. Value of traded shares stood at Rs44.2 million. Shares of 481 companies were traded. Of these, 221 closed higher, 223 fell and 37 remained unchanged. K-Electric was the volume topper with trading in 95.9 million shares, gaining Rs0.21 to close at Rs5.93.

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  • Engineering Innovation: Cedarville Prof Reinvents Bridge Safety

    Engineering Innovation: Cedarville Prof Reinvents Bridge Safety

    Engineering the Future of Infrastructure

    Strengthening America’s infrastructure starts with innovation — and one Cedarville University researcher is helping lead that charge. Dr. Hema Jayaseelan, assistant professor of civil engineering at Cedarville University, has received national recognition for pioneering research that could reshape how engineers design, monitor and maintain bridges across the United States and beyond. 

    Smarter Models, Safer Bridges

    With more than 20 years of structural engineering experience, Jayaseelan has developed advanced analytical models that more accurately predict “pre-stress losses” in concrete bridges — the gradual reduction of internal tension that weakens structural performance over time. When these losses are miscalculated, bridges can experience deflections, vibrations and cracking that shorten their expected 50- to 75-year lifespan, creating costly and potentially hazardous outcomes. 

    Jayaseelan discovered that many traditional Department of Transportation (DOT) formulas overestimate or underestimate pre-stress losses. Her groundbreaking study introduced a data-driven method that uses real-time information from instrumented bridges, producing predictions that closely align with actual field performance. 

    National Recognition and Industry Impact

    Her peer-reviewed paper, “Assessment and Validation of Prestresses Loss Prediction Models Using Real-Time Prestress Loss Measurements,” applied the new method of monitoring bridge data. Coauthored with structural engineering experts Alla Eddine Acheli, Ph.D.; Bruce W. Russell, Ph.D., P.E., S.E., F.A.C.I.; Walter Peters, P.E.; and Chris Filip, the piece was published in the 2024 September to October issue of the PCI journal. The research earned the 2025 Charles C. Zollman Award from the Precast/Prestressed Concrete Institute (PCI), honoring the year’s best technical paper discussing the use of precast concrete in transportation infrastructure. 

    “We were humbled and grateful to receive the PCI award,” Jayaseelan said. “It’s a blessing and a reminder that God’s timing is perfect. The recognition shows that DOTs nationwide are beginning to see the importance of this research.” 

    Her work has also been nominated for the prestigious T.Y. Lin Award from the American Society of Civil Engineers (ASCE), one of the highest honors in global structural engineering. The award celebrates research that advances the science and practice of prestressed concrete design and construction — a vital component of resilient infrastructure worldwide.

    From South India to Smart Bridges

    Jayaseelan’s passion for building began in Coimbatore, South India, where she grew up exploring how structures worked. “I’ve always loved working with my hands — playing in the mud, getting dirty. That’s still what I do today in the lab,” she said. 

    After earning her bachelor’s degree in civil engineering from the Government College of Technology in India and a master’s degree from Oklahoma State University, Jayaseelan pursued doctoral research at Oklahoma State integrating real-time data from sensors embedded in bridges — technology she describes as “listening to a structure’s heartbeat.” 

    These sensors use smart technology, solar power and wireless connectivity to transmit data remotely, allowing engineers to continuously monitor bridge performance. By combining traditional engineering principles with advanced data analysis, Jayaseelan’s approach creates an early warning system that can detect potential structural issues before they become critical. 

    Advancing Global Infrastructure Standards

    Her current collaboration with U.S. Department of Transportation officials aims to simplify the new predictive equations for integration into national and international bridge design codes, supporting safer, longer-lasting infrastructure. 

    “We can’t change everything overnight,” Jayaseelan said. “But through smaller, smarter improvements guided by real-time data and sound engineering, we can make bridges stronger, safer and built to last.” 

    Jayaseelan’s research underscores a global movement toward smarter, sensor-integrated infrastructure — aligning with worldwide efforts to improve sustainability, safety and resilience in public works. 

    About Cedarville University

    Cedarville University, an evangelical Christian institution in southwest Ohio, offers undergraduate and graduate residential and online programs across arts, sciences and professional fields. With 7,265 students, it is among Ohio’s largest private universities and is ranked among the nation’s top five evangelical universities in the Wall Street Journal’s 2026 Best Colleges in the U.S. Cedarville is also known for its vibrant Christian community, challenging academics and high graduation and retention rates. Learn more at cedarville.edu.  

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  • Dozens of pubs hit by power cuts ahead of Edinburgh’s Hogmanay

    Dozens of pubs hit by power cuts ahead of Edinburgh’s Hogmanay

    Owners of the bars have written a letter to the chief executive of SP Energy Networks about the problems with power cuts, which they say they have suffered during the festive periods since 2021.

    The letter, which has been copied to City of Edinburgh Council’s chief executive Paul Lawrence and local MSP Angus Robertson, says there is “deep concern” about the problem.

    It reads: “While we appreciate SP Energy Networks’ apologies and the assurance that network condition reviews are underway, the recurring nature of these outages indicates systemic vulnerabilities that require urgent and permanent solutions.

    “The current approach of reactive repairs is insufficient to safeguard businesses and customers in this critical hospitality district.”

    The businesses said they were counting the cost of multiple power failures that have driven party-goers from the area.

    It said “the longstanding issue remained unresolved”.

    Some venues have reported experiencing power cuts multiple times a day during the festive season, “putting Christmas trade in the dark”.

    In one December weekend alone, Grassmarket businesses lost the whole of Friday night’s service and the entire Saturday lunch service, meaning thousands of pounds in lost revenue across a number of venues.

    “Meanwhile, business costs remain. Staff must still be paid in case power returns, food is wasted, and bookings are lost,” the letter’s authors said.

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  • PSX Says Goodbye to 2025 By Achieving 2nd Best Frontier Market Status

    PSX Says Goodbye to 2025 By Achieving 2nd Best Frontier Market Status

    KSE-100 achieved an impressive 51 percent return in CY25, closing at a new high and extending its three-year streak of double-digit growth, following gains of 55 percent in CY23 and 84 percent in CY24.

    According to Arif Habib Limited (PSX), the index also ranked as the second-best performing frontier market during the year, after Romania.

    Over the last three years, the average annual return stands at 64 percent, positioning the KSE-100 among the top-performing global markets over this period.

    In USD terms, the market generated cumulative returns of 249 percent over the last three years, a level unmatched by any other market on a three-year cumulative basis.

    The KSE-100 outperformed other asset classes such as real estate (17 percent), PIBs (12 percent), T-bills (12 percent), Defence Savings Certificates (11 percent), and bank deposits (9 percent), while gold delivered higher returns of 65 percent over the same timeframe.

    Despite periods of short-term volatility, the market has demonstrated sustained long-term growth, with 30-year returns of 23 percent, 25-year returns of 27 percent, 20-year returns of 21 percent, 15-year returns of 23 percent, 10-year returns of 22 percent, and 5-year returns of 37 percent, underscoring its resilience.


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  • New legal structure of Alberta health system in place, Premier Smith now eyes results

    New legal structure of Alberta health system in place, Premier Smith now eyes results

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    The Alberta government in 2025 completed the final legal foundations of its new health-care system, and Premier Danielle Smith says she’ll be working in 2026 to prove it was worth it.

    The massive reorganization saw Smith dismantle Alberta Health Services as the provincial health authority and relegate it to a hospital service provider.

    Smith said with one major piece of legislation passed in the fall sitting, the restructuring effort “is pretty much done.”

    New health agencies now govern hospital care, continuing care, mental health and addiction, and primary health — under the direction of Smith’s four health ministries.

    “So now it’s a matter of each one of those areas optimizing,” Smith said.

    The premier acknowledged the challenges. She promised a new public-facing dashboard that would show wait times for emergency rooms, ambulance rides and surgeries, along with 1,500 new spaces per year in continuing care.

    “People will start being able to watch and see — on all of those fronts — the progress that we’re making,” she said.

    More nurse practitioners

    She said her government’s move to allow more nurse practitioners to open practices in the province is part of why more Albertans now have access to a primary-care provider.

    Smith has long been critical of what she called the bureaucratic bloat of AHS, promising during her successful UCP leadership campaign to clean house.

    When asked if her government will take full accountability for health care once the pieces fall into place, the premier nodded.

    “Yeah, and we’ll hold our providers to account as well,” she said, noting the agency still accounts for the lion’s share of the health budget.

    She also pushed back on the idea that she had used the organization as a scapegoat.

    “Is it a scapegoat to say that people expect to have better service? I’m not the one delivering the service at the hospital.”

    Other challenges in 2025

    Smith’s ongoing effort to remake, reassemble and reanimate the pieces of the system hasn’t been her only challenge this past year. It began under the cloud of tariff threats from U.S. President Donald Trump.

    Smith took flak for posing for photos with Trump amid a surge of Canadian patriotism, but stood by her diplomatic approach.

    “I think it has worked for us. We ended up with 97 per cent of our goods going across the border tariff free,” she said, while acknowledging those provinces reliant on steel, aluminum, vehicle or lumber exports did not fare as well as Alberta’s oil and gas industry.

    After months of making demands of Prime Minister Mark Carney, she inked a preliminary agreement with Ottawa to work toward building a new oil pipeline to the West Coast.

    Smith also made her mark on democratic norms.

    Her government invoked the Charter’s notwithstanding clause four times in the fall sitting, forcing striking teachers back to work and shielding from court challenge her government’s laws affecting transgender and gender-diverse Albertans.

    Critics, including Alberta’s Opposition NDP, have said Smith’s use of the clause runs roughshod over the courts, the rule of law and democracy.

    But Smith said her government needed to act in exceptional circumstances to protect the children in Alberta.

    Smith’s UCP twice changed the law to help pave the way for citizen-led referendums, including a ballot question on pulling Alberta out of Confederation.

    Her drive for more direct democracy gave voice to another kind of discontent, as she and many in her caucus are facing recall petition campaigns that will drag well into the new year.

    All the while, Smith’s government has been dogged by allegations of corruption in health-care spending and Opposition NDP demands for a public inquiry.

    UCP is unstable, says Nenshi

    One of Smith’s own cabinet ministers, Peter Guthrie, resigned in the spring over the government’s handling of the scandal.

    Guthrie soon found himself booted out of caucus and is now organizing to build up a rival progressive conservative political party.

    Opposition NDP Leader Naheed Nenshi said Guthrie’s exit from the UCP was the beginning of intense instability in a government that has lost sight of Albertans’ priorities.

    He said stoking the fires of separatism only spurred more than 400,000 Albertans to sign a petition in favour of staying in Confederation.

    “Everything they try to bring back their popularity has backfired on them,” he said.

    Nenshi said he believes the premier has a tendency to lash out at those who disagree — from what Smith calls “activist courts” to citizens angry enough to try to recall government members.

    On health care, Nenshi said every worker in the sector will tell you the “chaos” of restructuring isn’t helping them do their jobs.

    “There is not an Albertan who believes the system works better now than it did six years ago. There’s not one.”

    He said despite Smith’s promise to hold AHS to account, she runs AHS and has since she took office.

    “This is all her, and she cannot any longer get away with this.”

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  • Top Executives Named in $750,000 Scam At Private IT Firm

    Top Executives Named in $750,000 Scam At Private IT Firm

    Pronet (Private) Limited has uncovered an alleged internal fraud involving more than $750,000, in what is emerging as one of the most significant corporate misconduct cases in Pakistan’s IT sector this year.

    According to internal investigators and details outlined in a First Information Report (FIR) filed by the company, the alleged fraud involved fabricated vendor networks, shell companies, and falsified procurement documents.

    The FIR takes context from Sections 420 (cheating and dishonestly inducing delivery of property) and 406 (criminal breach of trust) of the Pakistan Penal Code.

    The scheme was carried out through a network of suspicious entities, including companies like Oculus, NextTech, and Webbit, which appear to have existed largely on paper. The companies reportedly had no physical offices, no verifiable operations, and no legitimate contact details.

    Payment trails reviewed by Pronet revealed repeated transfers to these entities that eventually led to the discovery of a systematic scheme involving fake purchase orders and manipulated invoices designed to resemble legitimate business activity while diverting company funds.

    Former Chief Operating Officer Saqib Qasim, Sales General Managers Farhan Haider and Hamid, and Head of Finance Nasir Ahmed have been named as key figures in the alleged conspiracy. Financial records, internal approvals, and email correspondence are said to link the individuals to the disputed transactions.

    The matter escalated in September when Farhan Haider was arrested, while Saqib Qasim obtained pre-arrest bail. Sources told ProPakistani that although the accused have given differing accounts, they have acknowledged certain elements of the activity. No full confessions have been made public so far.

    The investigation has also drawn scrutiny toward Oculus, which was formed around 18 months earlier. Several of the accused reportedly joined the company after leaving Pronet. Clients and technology partners associated with Oculus are reportedly reassessing their relationships as investigators examine whether the entity was used for the alleged diversion of funds.

    Commenting on the case, Pronet’s newly appointed Chief Executive Officer Zia Saleem said the company had identified instances of financial misappropriation and initiated legal proceedings. “The matter is now before the courts, and it would not be appropriate to comment further at this stage,” he said.

    The scope of the case is expected to widen. The episode has sent shockwaves through Pakistan’s IT sector.

    A corporate risk and compliance expert said cases of this nature reflect recurring gaps in internal controls. Weak vendor onboarding, inadequate procurement checks, and insufficient employee vetting can allow sophisticated schemes to operate undetected for extended periods, the expert said.

    “I worked for Pronet for over 16 years and helped the company achieve unprecedented growth, establishing it as one of the top Systems Integration companies in Pakistan. Unfortunately, when I decided to part ways from the company and enter into competing business, Pronet lodged a malicious FIR based on false allegations to tarnish my reputation purely out of business jealousy,” the former top executive at the company named in the conspiracy told ProPakistani.

    He added, “While I am being maliciously prosecuted, I am confident that I will be vindicated by the courts inshAllah”.


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  • Gold price drops by Rs2500 per tola in Pakistan

    Gold price drops by Rs2500 per tola in Pakistan

    Sharp drop in gold prices on the last day of the year.

    In 2025, the price of 10 grams of gold increased by Rs 158,060.

    Across Pakistan, the price of gold per tola fell by Rs 2,500 to Rs 456,962.

    According to the All Pakistan Gems and Jewellers Association, the price of 10 grams of gold decreased by Rs 2,143 to Rs 391,771.

    Meanwhile, in the international market, gold prices dropped by $25 to $4,346 per ounce.
    During 2025, the price of gold per tola increased by Rs 184,362, while the price of 10 grams of gold rose by Rs 158,060. Similarly, in the global market, gold prices increased by $1,732 per ounce in 2025.

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  • Telenor Group Completes Sale of Telenor Pakistan to PTCL

    Telenor Group Completes Sale of Telenor Pakistan to PTCL

    When the sale was announced on 14 December 2023, Telenor Pakistan was valued at NOK 5.3 billion on a cash-and-debt-free basis. The closing of the transaction confirms this valuation level (NOK 5.4 billion given September currency rates, subject to final end-of-year adjustments). In addition, Telenor has received NOK 0.9 billion in cash flow from Telenor Pakistan since the announcement of the transaction.

    Since its launch 20 years ago, Telenor Pakistan has brought critical connectivity and digital services to over 40 million customers, including 4G technology to underserved regions and enabling digital inclusion in the country. Telenor Pakistan’s products and services have driven growth of Pakistan’s key economic sectors such as agriculture, banking and its technology freelancing communities.

    The company’s journey has been defined by its commitment to empowering communities with initiatives on safe internet use, digital skills and mobile identity, promoting responsible connectivity and inclusion across Pakistan.

    Telenor Group extends its gratitude to the 40+ million customers of Telenor Pakistan; to partners who collaborated to provide services to customers; and to employees whose dedication and innovation have shaped the company’s legacy.

    “The completion of this transaction reflects Telenor Group’s strategy to focus on being an active owner of market-leading positions in Asia, while enabling consolidation and innovation in Pakistan’s telecom sector. As we close this sale transaction today, I want to express my heartfelt thanks to our customers, partners and especially our employees, who have been part of this remarkable story. Your support and belief in our mission have made a lasting difference in Pakistan’s economy and society,” said Benedicte Schilbred Fasmer, Telenor Group CEO.

    “To the employees of Telenor Pakistan: you have been true gamechangers. Your resilience, innovation, and unwavering dedication have not only transformed the company but have made a real difference to millions of Pakistanis across the country. Thank you for your contributions in making Telenor Pakistan a beacon of progress and inclusion. As you embark on this new chapter, your legacy will continue to inspire and shape the future of Pakistan’s digital society,” concluded Jon Omund Revhaug, Head of Telenor Asia.

    Click here for highlights of Telenor Pakistan’s 20 years of impact.

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