Supernet Limited (SPNL), a subsidiary of Telecard Limited (TELE), has co-signed a commercial cooperation agreement with a leading telecom and IT services provider in the Middle East North Africa (MENA) and Asia Region.

The development is a part of Supernet’s growth strategy to offer business services to customers outside of Pakistan. The announcement was made to the Pakistan Stock Exchange (PSX) by both Telecard and Supernet.

With a market capitalization of $80 billion, the partner is one of the largest Telecom and IT services companies operating in multiple markets across MENA and Asia Region.

In addition to offering Telecommunication Services (GSM, Data and Internet, Cloud Services), the partner also offers a range of Information & Communications Technology (ICT) services like Consultancy, Business Process Outsourcing (BPO), Datacenter Solutions, etc.

With the above strategic relationship, Supernet and its affiliates will have the opportunity to extend its services not only to its partner but to potentially thousands of B2B customers in more than 13 countries.

Supernet will also be able to offer reliable services in the MENA and Asia region to those customers which were already facilitated to reach out to locations in France, Germany, United Kingdom, Singapore, Hong Kong and Mainland China by the partner.

Supernet has already started securing orders from this new relationship and is looking to explore other potential areas of collaboration and build on the business relationship.