IT and Telecom sector is the backbone for digital economy. Fostering this economy requires extended collaboration across the sector: a fundamental shift in the way regulation is executed and the stakeholders that it brings together – from cross-sector regulators to market players. Pakistan Telecommunication Authority (PTA), being a progressive regulator of telecom sector, is endeavouring to facilitate digital transformation in Pakistan through such collaboration, consultation and conciliation. PTA continuously evolve its regulatory practices and frameworks through holistic approaches and consultative processes involving all the relevant stakeholders. The International Telecommunication Union (ITU) has also appreciated PTA’s regulatory practices by ranking PTA as 4th Generation Regulator (G4), thus placing Pakistan among the top five regulators in the Asia-Pacific region and the only G4 regulator in South Asia.