News

Supernet Secures Rs. 800 Million Contract to Provide Connectivity Solutions to Major Bank

•
5 min read
•
Legal Editorial Desk
Supernet Secures Rs. 800 Million Contract to Provide Connectivity Solutions to Major Bank
Supernet Limited has announced a significant business development, securing a major contract with one of Pakistan’s largest banks to provide comprehensive connectivity and access management solutions across the financial institution’s nationwide network. In a disclosure to the Pakistan Stock Exchange on Tuesday, Supernet revealed it will implement state-of-the-art connectivity services for more than 1,700 bank branches throughout the country. The multi-year contract, valued at over Rs. 800 million, includes an option for renewal under similar terms. According to the company’s statement, Supernet will deploy diverse connectivity solutions utilizing optical fiber, wireless, and satellite technologies as delivery mechanisms, complemented by advanced access management systems. This comprehensive approach aims to ensure uninterrupted banking services across the bank’s extensive branch network. “This win reflects the customer’s confidence in Supernet’s ability to deploy and manage complex large-scale ICT infrastructure solutions nationwide and provide superior support structure,” stated the notification. The company describes itself as a “One-Stop-Shop” for information technology needs, highlighting its established track record as a trusted partner for connectivity, IT, and cybersecurity solutions within Pakistan’s financial sector.  
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours