Supernet Limited announced a strategic partnership with Reko Diq Mining Company to provide internet and communication infrastructure at the Reko Diq Copper and Gold Mine in Balochistan.
The company disclosed this development through a filing at the Pakistan Stock Exchange (PSX) on Monday in accordance with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1(a) of the Rule Book of PSX.
Supernet said that this collaboration marks a pivotal step in advancing digital connectivity at one of Pakistan’s most strategically significant mining projects.
Under the partnership, Supernet Limited will deploy robust, secure, and scalable communication solutions to ensure uninterrupted operations in the remote and challenging terrain of Reko Diq.
“This partnership underscores Supernet Limited’s unwavering commitment to empowering Pakistan’s strategic sectors with world-class technology,” said Zia Tariq, Head of Sales – Defense at Supernet Limited.
“Reko Diq is a project of national importance, and we are proud to contribute by enabling connectivity in one of the remotest regions of Balochistan. Our solutions will support safe, efficient, and sustainable mining operations.”
Reko Diq Mining Company is developing one of the world’s largest untapped copper and gold deposits. In such remote locations, reliable and secure communication infrastructure is vital to ensure project success and operational integrity.
Supernet Limited will integrate services including real-time operational coordination, safety and security systems, and administrative communications, fostering long-term efficiency, safety, and growth for the Reko Diq project.
Following an announcement with Reko Diq Mining Company, Supernet’s stock has shown a positive market response. Supernet’s share price increased by Rs1.67 or 7.65%, reaching Rs23.50 as of 10:30 am on April 28, 2025.
This uptick in the stock price reflects strong investor confidence in the company’s ability to deliver robust communication solutions for one of Pakistan’s most significant mining projects. With a market capitalisation of Rs3.19 billion and a relatively low free float of 18.18%.
Supernet Limited was incorporated in Pakistan on March 14, 1995. The company is a wholly owned subsidiary of Telecard Limited. The company is engaged in providing Satellite and microwave communication services.
