TMT in Pakistan

Akhund Forbes

Akhund Forbes is recognised for dealing with high-value and complex transactions within the TMT space. Specifically, the practice handles venture capital investments in Pakistan’s fintech, gaming and IT sectors. The client base includes internationally renowned telecoms and IT companies. Practice head Rabel Akhund advises telecoms operators, equipment suppliers and manufacturers on matters relating to telecoms finance, vendor financing arrangements and supplier contracts. Co-head Sahar Iqbal is another key member within the department.

Practice head(s):

Rabel Akhund; Sahar Iqbal


‘It is difficult to get lawyers in Pakistan who know how multi-national foreign companies operate and are very commercial and pragmatic, however, Akhund Forbes is excellent at this.’

‘Rabel Akhund is a standout partner.’

‘Despite the digital banking licence being a new area in Pakistan, Rabel Akhund and his team were able to provide practical advice on issues that the client should be mindful of and inspire confidence.’

‘Rabel Akhund has a very calm and confident demeanour, which are great traits when parties are rushing a transaction.’

‘The team has a lot of industry experience in the TMT field, especially in the telecommunications sector.’

‘Sahar Iqbal is very open to new suggested approaches, and she leverages her extensive experience to facilitate sound advice around those new approaches.’

‘They make you feel they are part of your organisation and would not spare any chance to connect you with anyone who might help you understand the market well.’

Key clients

Edotco Group SDN Berhad

NBP Fund Management Limited

Baker & McKenzie LLP

MCB Arif Habib Investments and Savings Limited

Edotco Pakistan (Private) Limited

Edotco Towers (Private) Limited

Allied Advertising LLC

UBL Fund Managers Limited



Facebook Inc./Meta Platforms, Inc.

Vodafone Group

Kelly Drye & Warren LLP

Cleary Gottlieb Steen Hamilton LLP

NdcTech (Private) Limited

Osborne Clarke

Graphene Ventures


Kleiner Perkins

Sequoia Capital

D1 brands

Acquisition Global

Unifonic Inc.


SquareUp Inc.


Perkins Coie LLP

Stripe Inc

Association of Builders and Developers

Central Depository of Pakistan Limited

Simmons & Simmons


Work highlights

  • Advised Meta on the legal framework governing telecoms-related infrastructure and on the regulatory landscape around the provision of telecoms and IT services in Pakistan.
  • Advising NdcTech on its IT agreements with counterparties, including clients, business partners and vendors.
  • Advised the sponsors of NDC Group on the 100% sale of their stake in NDC to Systems, a listed IT company in Pakistan.

Ali & Associates

Ali & Associates provides specialised advice across all aspects of IP, spanning trade mark, copyright, patent, industrial design, licensing, franchising, dispute resolution, enforcement and anti-counterfeiting matters. Other areas of focus include telecoms and IT, media, cyber law, biotechnology, and data protection. The practice advises government agencies on IP-related international treaty compliance issues and legislative recommendations, as well as assisting OTT platforms with governance and advertisement regulations, data protection and risk assessment matters. Ali Kabir Shah, Karimullah Adeni and Mohiuddin Adeni are the primary contacts at the practice, which has recently opened a new office in Islamabad. Hanya Haroon was promoted to the partnership in 2022 and is another key name to note.

Practice head(s):

Karimullah Adeni; Mohiuddin Adeni; Ali Kabir Shah

Other key lawyers:

Hanya Haroon

Key clients

Hugo Boss AG

Motion Pictures Association

Jumeriah International LLC

Glanbia Performance Nutrition Limited

Camelot Uk Bidco Limited

Olimp Laboratories SP

Elite Gold Ltd

Xiaomi Inc.


Channel V

Sonix Inc.

Dr. Willmar Schwabe GmBH

Huawei Company Limited

Air China Limited

Honda Atlas Power Products Limited

Fauji Cement Company Limited


Reusch International

Velum Limited

Chapter Four Corp.

Discovery Inc.

Societe Des Products Nestle S.A.

Honda Motors

Lotte Corporation

Procter & Gamble

Baxter International Inc.

Nokia Corporation

Sony Pictures Entertainment

Lloyds Register EMEA

H-D Usa Llc (Harley Davidson)

Netflix Inc.

Television Food Network

British Broadcasting Corporation (BBC)

J&B Medical Group

Commscope Inc.


Work highlights

  • Assisted an OTT platform-holder with the negotiation and sale of the platform to a telecom company, which included an 18-month operations and management period for continued support.
  • Assisted Honda Motor and Honda Atlas Power Products with a search and seize operation against one of their ex-dealers, who was engaged in the sale of infringing products.
  • Filed a cancellation of patent pertaining to Vortioxetine – on behalf of Hilton Pharma – for being accepted, granted and sealed during the Black Box Period in Pakistan.

Axis Law Chambers

Axis Law Chambers specialises in technology and media matters; the practice advises on issues relating to fintech, payments systems, digital wallets and electronic money, infrastructure sharing arrangements, PTA regulations and data protection. The client base includes ride hailing apps, venture capital funds, technology start-ups and telecoms companies. The team operates effectively in tandem with the corporate and M&A department. Syed Shahab Qutub frequently advises clients on queries relating to the applicability of Pakistani law on the provision of CDNs. Sameer Khosa‘s workload regularly involves advising on highly specialised operator agreements for global distribution systems. Waqqas Mir, Mian Tariq Hassan and Maria Farooq are all further crucial members of the practice.

Other key lawyers:

Syed Shahab Qutub; Waqqas Mir; Mian Tariq Hassan; Sameer Khosa; Maria Farooq


‘Their sense of pre-empting possible future issues is impeccable.’

‘They took their time understanding the situation with great detail. They then went above and beyond the call of duty.’

‘Without them, it wouldn’t have been possible for us to continue with a project that we gave almost a decade of our life to, and which seemed to be falling apart at the seams.’

Key clients

Rocketman Films (Private) Limited

Haseem-uz-Zaman Khan

Nawa Media (Private) Limited / Pakistan Today

Pakistan Telecommunication Company Limited

Pakistan Broadcasters Association

Pakistan Electronic Media Regulatory Authority

Pakistan Herald Publications (Private) Limited

Green & White (Private) Limited

ABM Infotech (Private) Limited

Work highlights

  • Engaged by Pakistan Broadcasters Association to represent it before the Competition Commission and thereafter the Competition Appellate Tribunal regarding alleged prohibited agreements with a TV ratings provider and an advertisers’ association.
  • Representing Pakistan Electronic Media Regulatory Authority in various matters before the High Courts, including appeals and constitutional petitions revolving around challenges regarding a change in the categories of broadcasting licences of TV channels.
  • Engaged by Soch Media, a new digital media company, to provide various legal services, including corporate advisory, registration of intellectual property, and editorial policies and practices.

Bharucha & Co.

Boutique IP firm Bharucha & Co. is involved with all aspects of patents, trade marks, designs, copyrights and domain names. Other key areas of focus include IP counselling, licensing, franchising, enforcement, litigation and unfair competition. Practice head Mohammad Fazil Bharucha handles the gamut of non-contentious IP work, as well as patent, trade mark and copyright prosecution. Co-head Abdul Aziz supervises the patent department, focusing on patent prosecution and litigation.

Practice head(s):

Mohammad Fazil Bharucha; Abdul Aziz

ABS & Co.

ABS & Co. focuses on the registration of IP, including copyrights, trade marks and patents. The practice is recognised for handling complex transactions involving software and technology licensing; royalty arrangements in stacks; and patent arbitrage. Islamabad-based Majid Bashir offers considerable experience advising multi-nationals, music houses, producers and innovators on issues related to IP. Bashir's Lahore-based counterpart, Samar Masood Soofi, deals with issues relating to IP law, cyberlaw, fintech and the regulation of innovative and disruptive technologies.

Practice head(s):

Majid Bashir; Samar Masood Soofi


‘Attention to detail and professionalism.’

‘Come up with new and innovative ideas to resolve legal issues.’

Key clients

Rice Exporters Association Pakistan

Janoobi Private Limited

Pakistan Telecommunication Authority

Qatar Lubricants Company WLL

Leonine Global Investments Limited

Omar Associates Private Limited

Karachi Kings FZE

My Sports World Private Limited


Bahria Town (Pvt.) Ltd

Punjab Skills Development Fund

Bank of Punjab

Pikchur Entertainment Streaming Service (Private) Limited

EMI Pakistan

National Science and Technology Park – NUST


Hanif Jewellers

Paramount Books Private Limited

Ministry of Awqaf and Islamic Affairs – State of Kuwait


Planet N

Tez Financial Services

Prosper Technologies


Work highlights

  • Advised a client on the licensing of its APIs for providing services to financial institutions.
  • Advised the Ministry of Awqaf and Islamic Affairs for the State of Kuwait on the dissemination of its copyright-protected work.
  • Advised the SECP on the regulations for peer-to-peer lending using digital platforms.

AUC | Law

AUC | Law advises government departments, regulators, and international venture capital funds investing in technology companies and start-ups. The practice is particularly recommended for dealing with matters related to special technology zones, digital banking, blockchain, virtual assets and web 3.0 investments. Ahmed Uzair oversees the team.

Practice head(s):

Ahmed Uzair


‘Transparency, ease to speak to, industry knowledge.’

Key clients

Abhi Finance

Truck It In




Karachi Tech Zone

Mahaana Digital

Neem Exponential



Triple Three Solutions


Sai Ventures



Aladdin Informatics

Zayn Bitrate Fund

Deosai Ventures



Paysys Labs

Yotta Scale

CreditFix Financial Services

Walee Technologies



Krave Mart


Jiye Technologies

Work highlights

  • Advised PostEx on its seed round, which has raised $1.5m.
  • Handled and managed seed rounding for Truck It In, which raised $13m.
  • Advised Krave Mart on its early- stage funding, which raised $6m in its pre-seed funding round.

Lex Legal Practice (Solicitors & Attorneys)

Lex Legal Practice (Solicitors & Attorneys) is recommended for its work within the fintech sector; the practice handles securities, M&A, finance and securitisation transactions, blockchain, e-payments, and regulatory compliance within this space. As well as advising digital lending and marketplace platforms, commercial banks and technology companies, the team supports software and application developers, ride hailing service providers and agriculture technology platforms. Asad Salahuddin oversees the department.

Practice head(s):

Asad Salahuddin


‘Strong and reliable team.’

‘Asad Salahuddin is professional and reliable.’

‘Asad Salahuddin is an outstanding managing partner and team leader, and the firm is known for its tech transactions work.’

‘Lex Legal Practice has excellent transactional and advisory skills in the information technology sector.’

‘The team has tremendous experience in the fields of technology and finance.’

‘It has in-depth understanding, critical thinking and provides constructive feedback about digital financial services and digital lending.’

‘The team as a whole has a specific focus on TMT and the related innovations within the South East Asia region.’

‘Their understanding of the law and the way the industry works is very up to date.’

Key clients

AI-Ponics Private Limited

Finja Private Limited

Bykea Technologies Private Limited

Revolving Games Private Limited

Abwaab Technologies Inc.

Edmatrix Private Limited

Cashew Financial Services Limited (Muawin)

Edufi Private Limited

Nymcard Payments Limited

Opay Digital Payment Private Limited

Seedcred Financial Services Limited

Revest Private Limited

Taro Technologies Private Limited

Xisys Consulting Private Limited

Trukkur Private Limited

Deem Ventures Limited

Finja Lending Services Limited

Caramel Tech Inc. (Delaware Corp)

Million Ventures GMBH

MCB Bank Limited (Digital Banking)

Webwork Solution Private Limited

Smartlane IT Solution Private Limited

Bykea Cash Private Limited

Finja Inc. (Delaware Corp)

Revolving Games Inc. (Delaware Corp)

United Softlabs Private Limited

Caramel Tech Studios Private Limited

AH-Bridgelinx Solutions Private Limited

Rented Lifestyle Private Limited

Gorilla Bins Inc

Uzma Ventures Private Limited

Opay Pte ltd

Nym Technologies Holding Limited

Work highlights

  • Advised Abwaab Technologies, a Jordan based multi-jurisdictional education technology company, on the acquisition of Edmatrix Private.
  • Advising on the expansion of Opay Group into the Pakistan fintech market.
  • Advised Finja Private on its bid for obtaining a digital bank license, in collaboration with Habib Bank and an international technology partner.