Ufone - About the company
Ufone is a funded company based in Islamabad (Pakistan), founded in 2001. It operates as a Provider of cellular services. Ufone has raised an undisclosed amount in funding. The company has 3673 active competitors, including 52 funded and 572 that have exited. Its top competitors include companies like Verizon, AT&T and T-Mobile.
Company Details
- Website
- ufone.com
- Social
Key Metrics
Founded Year
2001
Location
Islamabad, Pakistan
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
65th among 3673 active competitors
Employee Count
7,499 as on Jun 30, 2026
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Ufone's funding and investors
Ufone has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Nov 03, 2021 for $*****. 5 investors participated in its latest round. Ufone has 5 institutional investors.
Here is the list of recent funding rounds of Ufone:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 03, 2021 | 7366467 | Conventional Debt | 3047583 | 8140685 | 4131564 | 4184317 |
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Ufone's founders and board of directors
Founder? Claim ProfileUfone's employee count trend
Ufone has 7,499 employees as of Jun 26. Here is Ufone's employee count trend over the years:
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Ufone's Competitors and alternates
Top competitors of Ufone include Verizon, AT&T and T-Mobile. Here is the list of Top 10 competitors of Ufone, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Verizon 1983, New York City (United States), Public | Provider of wireless, internet, TV, and phone services | - | 82/100 | |
2nd | AT&T 1876, Dallas (United States), Public | Provider of wireless and internet services | - | 82/100 | |
3rd |  T-Mobile 1994, Bellevue (United States), Public | Provider of mobile telecommunication services | - | 82/100 | |
4th | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 81/100 | |
5th |  MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
6th | Provider of mobile internet services for home and offices | $19.7M | 81/100 | ||
7th | Telia Company 1853, Solna (Sweden), Acquired | Provider of integrated telecom and TV services | - | 81/100 | |
8th | Zain Group 1983, Kuwait City (Kuwait), Public | Telecom services provider | - | 80/100 | |
9th |  SK Telecom 1984, South Korea, Public | Provider of integrated telecommunication services | - | 78/100 | |
10th | Company that offers mobile phones, internet, and clean energy services | $8.99M | 78/100 | ||
65th | Provider of cellular services | - | 67/100 |
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Ufone's Investments and acquisitions
Ufone has made no investments or acquisitions yet.
Reports related to Ufone
Here is the latest report on Ufone's sector:
News related to Ufone
Filter this listMedia has covered Ufone for a total of 17 events in the last 1 year, 1 of them has been about company updates.
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Ufone-Telenor Merger Nears Completion; Pakistan's PTA Confirms New Telecom Entity FormationPhoneworld•Aug 07, 2026•Telenor, Ufone
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Telenor Pakistan Merges with PTML After Receiving Statutory ApprovalsProPakistani•Jul 02, 2026•Telenor, Ufone
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PTCL & Ufone Honored as 'Effective Marketer of the Year' and Receive 8 Accolades at Effie Awards 2026ProPakistani•Apr 27, 2026•Ufone,
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Telenor to Merge into Ufone as PTA Clears Deal, Court Approval PendingTechJuice•Apr 22, 2026•Telenor, Ufone
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5G to drive APAC mobile services marketAdvanced Television•Apr 07, 2026•Jazz, Ufone, China Mobile Pakistan
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PTA Approves Ufone–Telenor Merger After Months of Regulatory ReviewPhoneworld•Mar 19, 2026•Ufone, Telenor
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PTA Confirms Ufone–Telenor Merger to Conclude Ahead of March 10 5G AuctionPhoneworld•Feb 26, 2026•Telenor, Ufone
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