Home » Supernet secures Rs 800 million contract with leading bank for nationwide connectivity

Supernet secures Rs 800 million contract with leading bank for nationwide connectivity

by Haroon Amin
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Supernet Limited has achieved a major milestone by securing a substantial contract worth over Rs. 800 million to provide advanced connectivity and access management solutions for one of Pakistan’s largest banks. This multi-year agreement underscores Supernet’s growing reputation as a reliable partner in the country’s financial and IT sectors. 

As per official disclosure made to the Pakistan Stock Exchange (PSX) on Tuesday, Supernet will be executing a robust and secure network infrastructure across more than 1,700 branches of the bank nationwide.  

The project is designed in such a way to guarantee flawless banking operations by leveraging a combination of optical fiber, wireless, and satellite technologies. Additionally, the contract includes an option for renewal under similar terms, and it is depicting the long-term potential of this partnership. 

Supernet’s solution goes beyond just providing connectivity; the company will also integrate advanced access management systems to enhance security and operational efficiency. As the dependency on digital banking and online transactions is rising day by day, so it is highly necessary to ensure a stable and secure network is more critical than ever for financial institutions. 

Read more: PTA issued 177 telecom licenses in FY24 to boost internet connectivity across Pakistan

“This contract win is a true demonstration to the trust that leading organizations place in the ability of SuperNet to design, execute, and handle the most complicated ICT infrastructure across the country,” the organization stated in its PSX notification. 

Supernet’s strong track record in Pakistan’s financial sector played a major role in securing this deal, reinforcing its position as a leading provider of IT, connectivity, and cybersecurity solutions. 

As a company that brands itself as a “One-Stop-Shop” for IT needs, a reputation has been built by the SuperNet especially for delivering high-quality services in connectivity, cybersecurity, and digital transformation.  

This latest project will further cement its status as a key player in Pakistan’s rapidly evolving financial technology landscape, guaranteeing that banking services remain uninterrupted and secure for millions of customers across the country. 

As banking sector is increasingly embracing digitalization, investments in high-performance ICT infrastructure like this are highly mandatory. Supernet’s expertise in managing large-scale connectivity solutions will play a vital role in shaping the future of digital banking in the country. 

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