Supernet Limited has secured a landmark contract worth over Rs. 800 million to provide advanced connectivity and access management solutions for one of Pakistan’s largest banks. The multi-year agreement, disclosed in a notification to the Pakistan Stock Exchange (PSX) on Tuesday, will see Supernet implementing cutting-edge connectivity services across more than 1,700 bank branches nationwide. The contract also includes an option for renewal under similar terms, reinforcing the financial institution’s long-term commitment to digital infrastructure enhancements.
As part of the project, Supernet will deploy a diverse range of connectivity solutions integrating optical fiber, wireless, and satellite technologies. These high-performance networks will be further strengthened with advanced access management systems, ensuring uninterrupted banking services across the bank’s extensive branch network. Given the increasing reliance on digital banking services, the move is expected to significantly improve operational resilience and enhance customer experience.
The financial sector’s dependence on robust ICT infrastructure has grown substantially in recent years, particularly with the rise of digital banking, fintech integrations, and cybersecurity challenges. Supernet’s ability to design and manage large-scale connectivity solutions places it in a strong position to meet these evolving demands. In its statement, the company emphasized that this achievement reflects its expertise in deploying and maintaining complex ICT infrastructure solutions while ensuring superior support and reliability.
“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,” the company stated in its PSX notification.
Supernet has built a reputation as a “One-Stop-Shop” for information technology solutions, offering services ranging from connectivity to IT and cybersecurity solutions. Its role in Pakistan’s financial sector continues to grow, with its cutting-edge solutions catering to the evolving needs of banks and financial institutions seeking seamless and secure connectivity.
The contract aligns with the broader industry trend of financial institutions investing heavily in digital transformation. With increasing regulatory requirements, cybersecurity threats, and the need for seamless banking services, banks are prioritizing secure and efficient IT infrastructure to support their operations. Supernet’s latest deal underscores its position as a leading provider of connectivity solutions, bridging the gap between traditional banking and modern, technology-driven financial services.
The deployment of fiber, wireless, and satellite-backed connectivity solutions will ensure minimal service disruptions, even in remote or underserved regions. This approach supports financial inclusion efforts by maintaining consistent banking access for customers across urban and rural areas.
Supernet’s strategic partnerships and continued investments in technology enable it to deliver scalable, future-proof connectivity solutions. As Pakistan’s banking sector continues its rapid digital evolution, such initiatives play a crucial role in enhancing the country’s financial infrastructure.
With this latest contract, Supernet further solidifies its position as a key player in Pakistan’s ICT landscape, contributing to the digital transformation of the financial sector.