Zuma taps into global E-SIM market with US partnership

Hafiz Muhammad Abdullah Hashim | December 08, 2025 at 11:14 AM GMT+05:00

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December 08, 2025 (MLN): Zuma Resources Limited (PSX: ZUMA), formerly known as Bilal Fibres Limited, has entered into a strategic Memorandum of Understanding (MoU) with Elysium Technologies LLC USA for the expansion of TRAVEL E-SIM services.

The collaboration aims to extend the reach of these services through a global e-SIM marketplace, covering more than 120 countries.

Zuma will provide global support and digital marketing services excluding Pakistan to promote Elysium’s travel e-SIM products and related offerings available on https://sim.market, USA, the company's filing on PSX revealed today.

Under this arrangement, Zuma Resources will earn a 20% share of the gross revenue generated from global sales routed through the sim.market platform.

The Board of Directors approved the agreement in a meeting held on December 5, 2025, terming it a significant step in the company’s ongoing restructuring and strategic transformation toward technology-focused ventures.

Following the news, ZUMA saw its share price rise, closing at Rs.55.11, up Rs.5.01 or 10.00% at the time of writing.

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